
McGlone Mortgage Group Review
See how often this lender's Bankrate auction price beats comparable loans from 2025.
Bankrate verified lender
This lender is a Bankrate Auction Participant, meaning we verify their offer authenticity and hold them to high standards to ensure you get the best possible rate offer.
How Bankrate scores McGlone Mortgage Group
- Price competitiveness
How often this lender's borrowers got an interest rate at or below the median rate for similar loans.
5 out of 5 - Amount of overpayment
How much more this lender's borrowers paid than the lowest-cost mortgage offer for a similar borrower and loan, almost always found exclusively through Bankrate's auction.
5 out of 5 - Customer complaints
How often consumers complain about this lender, and whether they get relief.
Clean5 out of 5 - Where and what they lend
How many states and loan types this lender serves.
93%5 out of 5
No lender can pay for a higher Bankrate Rating. Every score comes from the same data and criteria.
2025 ratings, across all four measures
A few more details worth knowing
Though these don't affect the star rating, we show them so you have the full picture.
For applicants age 62 and older, we measure two things: whether this lender denies them more often than its own lending patterns would predict after accounting for loan size, income, debt-to-income ratio, and loan type; and whether it lends to them at rates similar to comparable lenders. Importantly, federal mortgage disclosure data does not include applicants' credit scores, so the analysis cannot account for differences in creditworthiness that may explain some disparities. This limitation applies to all lenders, making comparisons more consistent, but its impact may vary across lenders. These measures identify potential disparities, not proof of unfair treatment.
We looked at how often a lender's applications end up as closed loans, not counting any that were denied or the applicant withdrew. At this lender, at least 95% did, which might mean quoted terms held up, applicants were well qualified, or both.
Importantly, this measure is not included in the scores because a lender's closing likelihood might be pulled down by factors outside their control, such as differences in application volume. Nonetheless, there are clear performance differences between lenders even after these factors are controlled for, so it is included for informational purposes only.
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What Bankrate's editors think
McGlone Mortgage Group, a division of Homestead Funding, shines for its renovation financing: FHA 203(k) standard and streamline, FHA 203(h) for disaster victims, USDA Renovation, HomeStyle Renovation and an energy-efficient mortgage — a lineup most lenders can’t match. It also offers 100% financing that pairs an FHA loan with down payment assistance, a jumbo program with no PMI and financing for investors buying multi-unit properties.
McGlone also offers a close-on-time guarantee that pays the seller $5,000 if your loan doesn’t close by the contract date. It has no complaints on record and closes upwards of 97% of the loans it approves.
At a glance
Good for borrowers buying a fixer-upper or renovating their current home, McGlone offers a range of renovation programs, including harder-to-find FHA and USDA options.
What consumers say
McGlone Mortgage Group reviewers consistently identify a responsive team and guidance from the loan officer that they consider reliable. A smaller share also mention a closing completed on time. No other complaint recurs with regularity.
Best Lender I've Worked With
I’ve used McGlone Mortgage Group for the past 10 years on multiple purchases, both investment properties and my primary home. Nobody else comes close on rates or service. Brian and Lisa are incredibly responsive. They pick up the phone late in the evening and even on weekends, which makes a huge difference when you’re working against a deadline. Brian also knows lending inside and out. I’ve learned more about mortgages from him than from anyone else in the industry, and that knowledge has helped me make better decisions on every deal. 11/10, I’d recommend them to anyone looking for a mortgage lender. Thanks, Brian and Lisa. You’re the best!
BX · WI
Highly reccomend!
Had a great overall experience working with Brian, Lisa, and Lori! They made the entire mortgage process smooth, secured a very competitive rate, and had me clear to close well ahead of schedule. Communication was great throughout the process, and everything went smoothly. I would definitely work with them again and highly recommend their team!
David · Minneapolis MN
McGlone Mortgage Group is a diamond in the rough!!!!
My wife and I within the last year have been kicking around the prospect of buying a new home to accommodate our ever growing 2 year old (seriously, it is happening so quickly you can almost hear him growing) and our two dogs. We bought our current home 18 years ago and have lived there ever since. I remember it being a stressful experience, but we made it through. When our son came around two years ago it was as if the walls were shrinking around us and when you add two adults and 8 paws, well we were pretty much out of space. We decided to put it off for a while and when we just couldn't deal with the lack of space in our small ranch we decided it was time. We found our dream home a few towns away and it was time to start applying for mortgages. That's where Brian and his incredible company and team entered the picture! I can't say enough good things about our experience working with Brian McGlone. Buying a home is already an incredibly stressful process, especially in today's volatile mortgage rate environment, but Brian made the entire experience smooth and surprisingly stress-free. From the start, Brian and his team were professional, knowledgeable, quick to respond, and incredibly easy to work with. They took what could have been an overwhelming process and made it feel straightforward and manageable. The communication from Brian and his team was nothing short of incredible. Every email was answered same day and the phone was always picked up. On the other end of those emails and phone calls was a team dedicated to thier client. I'm sure everyone reading this is aware of the current insanity in mortgage rate world. Once everything was approved and finished Brian recommended floating the interest rate until a "decent" (for the time obviously) rate came about. My wife and I must have checked 50 times a day and every day it seemed they were getting higher and higher. The urge to panic lock was massive. Brian and his team reassured us constantly that they were watching the rates like hawks and to trust him. That trust paid off when we recieved word from him that the lowest rate in months had just came across his desk and it was time to lock. That decision saved us so much stress as the next day the rates shot through the stratosphere. What impressed me most was his ability to secure a mortgage rate that was better than the national average and his confidence that clearly comes from years of experience. Buying a home is one of the biggest financial decisions a person can make, and having someone calm and seasoned in the game like Brian guiding you through the process made an enormous difference for us. We aren't just talking about a nice house for two people, but a home in which to raise our son and have room for his things, friends, sleepovers, and plenty of room for meltdowns and tantrums (there really aren't that many, but you get what I'm saying). I mentioned earlier that we found our dream house. It had 95% of the entire "dream list" that we came up with. Needless to say, like everyone out there we aren't made of money and the stress of the mortgage rates is enough to make anyone batty. Brian quelled those anxieties and made this process seamless. It is a massive weight off of your shoulders knowing you aren't just a pay day to them. They care. They truly do. Not only do they care, but they deliver on thier promises. No one can promise a specific rate, but Brian and his team made absolutely sure to get us the best one possible while taking a some of the home buying stress away. That part is worth it's weight in gold. Hopefully the economy takes a breath in the future, when it does we will be calling Brian back for a refinance and I'm excited knowing how great this experience was. Do yourself a favor and go with this company. They're a people first company and if you've dealt with anyone selling anything these days you know that is a rare quality.
Nick a. · Woodridge, Illinois
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Figures are drawn from public lending and complaint data and weighted by loan volume.
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