HomePlus Mortgage Mortgage Review 2021
Please note: In response to the coronavirus pandemic, lenders are changing their requirements continuously. Although we strive for accuracy at the time of publication, please be sure to check with the lender for updated details on down payments, credit scores, etc.
At a glance

4.4
Bankrate Score
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Find my best matchesLoans offered
Conventional, fixed-rate, adjustable-rate mortgage (ARM), VA, FHA, USDANationwide availability
Available in Arizona, California, Colorado, Florida, Idaho, Montana, Oregon, Texas and WashingtonMin. credit score required
620 for conventional loansPros and cons
Pros
- Seven physical branches
- No points or closing costs
- Offers preapproval
Cons
- No mortgage rates online
HomePlus Mortgage overview
HomePlus Mortgage is a mortgage broker that matches borrowers with the right home loan, with both physical branches and online options for mortgages. The company, which is headquartered in San Diego and was founded in 1999, offers conventional 30-year and 15-year loans, adjustable-rate mortgages (ARMs) and government-insured loans like FHA, VA and USDA loans. In addition to San Diego, the company's brick-and-mortar branches are located in Carlsbad, Dana Point, Lake Forest and Mission Viejo, California, along with Phoenix, Arizona and Dallas, Texas. Borrowers can secure a preapproval "within seconds," according to the broker's website, and the company also has access to loans that don't require a debt-to-income (DTI) ratio calculation or income verification.
Loan types
- Conventional
- Fixed-rate
- Adjustable-rate mortgage (ARM)
- VA
- FHA
- USDA
Lender fees
HomePlus Mortgage has loan options with or without closing costs, including zero-point, zero-origination fee mortgages, according to its website.
Minimum borrower requirements
HomePlus Mortgage follows Fannie Mae’s underwriting guidelines, which means borrowers need a minimum credit score of 620 and can put as little as 3 percent down.
Borrowers also can have a maximum debt-to-income ratio, or DTI, of 50 percent with a Fannie Mae HomeReady Mortgage. That means the sum of your monthly debts (including the new mortgage payment) cannot exceed 50 percent of your gross monthly income.
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HomePlus Mortgage consumer reviews
5.0
291 reviews
Customer service rating
99% of reviews would recommend this lender
0 of 0 rates honored
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10 of 41 reviews
The consumer reviews posted on Bankrate.com ("Bankrate") are individual, subjective opinions of reviewers, and not of Bankrate. Bankrate does not endorse any of the opinions expressed by reviewers or any responses to reviews.
To help serve you with relevant information the consumer reviews shown below are limited to only those that this advertiser has received during the past 12 months.
Amazing, fast, service
David Hagle | San Diego | 5/25/2020
I cannot speak more highly of Jeff Ludlow. I have been working with Jeff for over 10 years now and every purchase and every re-fi has gone very smooth and fast. Jeff is very knowledgeable and professional at his job and a pleasure to work with. Some of my transactions have taken some work and Jeff ...
Professional and knowledgeable
Chengfei | Sacramento | 5/25/2020
Hal is a very professional and knowledgeable loan officer from HomePlus mortgage group, he always answers my questions timely and effectively. He is willing to explain details of the loan rate and the loan processing routine to me and guide me each step during the loan process, and my loan was appro...
Exceptional Customer Service Skills
Seth P. | Oceanside, CA | 5/29/2020
I work in healthcare and if I were to describe my encounter with HomePlus Mortgage it would be one that is "person/patient centered." This pleasant experience was made possible because of the company's driven professional, Ryan Ferguson. I found HomePlus Mortgage when I was searching the internet...
Seamless and Painless
AMirras | 80537 | 6/10/2020
From start to finish Emily let us know what to expect and paperwork needed to get this loan going. It was truly seamless and if I had any questions, she got back to me immediately!
great company
tony | 91402 | 7/1/2020
Tim was Fantastic during the Entire process!! I'm the type that likes to be kept in the "loop" and checked often for updates and questions. I started the refi with another company and could not get any response, so when I called and found Tim he was very helpful and answered all my questions, eve...
Awesome customer service & speedy closing
LOTran | Thornton CO 80602 | 7/6/2020
Bryan was referred to us by a family friend and he was great the whole way through the loan process. We toggled back and forth on what loan would work best for us and Bryan was helpful each step of the way to talk through pros and cons of each scenario. In the long run we went with a loan term that ...
Great rate, easy Refi
Andrew D | Cambell, CA | 7/26/2020
I worked with Hal Weinshank from Homeplus Mortgage on a refi. The entire process was very easy and went smoothly. They got me a great rate since they are a broker. Hal was very timely with responses if I had any questions which has not always been my experience when dealing with big banks on pa...
Honest and Transparent: Joe Vitiello
Hector | Fresno, CA | 7/31/2020
Joe Vitiello from HomePlus Mortgage handled our loan. Best loan experience ever in terms of professionalism, honesty, and integrity throughout the entire loan process. I can honestly say I have great respect for the service Joe and his team provided. Very responsive during the entire process and cle...
Returning customer
Eric G | Carlsbad, CA | 7/31/2020
I have refinanced with Emily Van Slyke from HomePlus twice now and am a returning customer. Her depth of unwavering integrity, knowledge, professional acumen, and friendly character make dealing with a complex process like a refinance or mortgage so nice and easy and comfortable. I can rest easy kno...
High Recommend Zach
Kate | California | 8/18/2020
We recently refinanced with Zach and he was very professional and did a great job through the entire process. He was easy to work with, kept us updated, provided exceptional service, and was quick. I would highly recommend working with Zach.