Reliant Home Funding Mortgage Review 2022

Written by
Edited By

At Bankrate we strive to help you make smarter financial decisions. While we adhere to strict , this post may contain references to products from our partners. Here’s an explanation for

At a glance

Reliant Home Funding

4.8

  • star icon
  • star icon
  • star icon
  • star icon
  • star icon
  • star icon
  • star icon
  • star icon
  • star icon
  • star icon

Bankrate Score

Find your mortgage match

Get paired with your best mortgage offers in 2 minutes or less.

Find my best matches
Mortgage percent icon

Loans offered

Conventional, FHA, VA, USDA, fixed-rate, adjustable-rate; rate-and-term, cash-out and streamline refinancing; construction and renovation loans; flex-term; reverse mortgage
Location Icon

Nationwide availability

Available in Colorado, Connecticut, Delaware, Florida, Georgia, Maryland, New Hampshire, New Jersey, New York, North Carolina, Pennsylvania, South Carolina, Tennessee and Vermont
Credit good icon

Min. credit score required

620 for conventional loans; 500 for FHA loans; 700 for adjustable-rate mortgages; 620 for renovation loans

Pros and cons

Pros

  • Emphasis on customer service
  • Fully online lending process
  • Offers a variety of loan types

Cons

  • Only available in some states

Reliant Home Funding overview

Reliant Home Funding is a Long Island, New York-based mortgage lender available in 14 states, including Florida and Pennsylvania. The lender focuses heavily on customer service, emphasizing relationships over transactions. With Reliant Home Funding, you can complete the entire lending process remotely, preapproval takes just a few days and closings currently average 29 days.

Good for

Borrowers who want good customer service, a quick preapproval and a completely online experience

Loan types

  • Conventional
  • FHA
  • VA
  • USDA
  • Fixed-rate
  • Adjustable-rate
  • Rate-and-term, cash-out and streamline refinancing
  • Construction and renovation loans
  • Flex-term
  • Reverse mortgages 

Lender fees 

Reliant Home Funding charges a $1,295 underwriting fee.

Rates 

Reliant Home Funding is very transparent about its rates, displaying rates directly on its website and updating them regularly. Each quote includes the rate, APR and cost of points, so you can get a clearer look at how much you’ll have to pay for a loan. 

Reputation

Reliant Home Funding is fully licensed by the relevant banking and insurance departments in the states in which it operates. It has an A+ rating from the Better Business Bureau (although it is not BBB-accredited).

Online services

Reliant Home Funding makes it very easy to apply for a loan without having to leave home. You can get preapproved or prequalified online, and if you want to move forward with the loan, you can complete the entire process online, as well, including signing required documents. You can also use Reliant’s app, RHF Go, to compare loan options, calculate savings if you’re looking to refinance, submit documents, check your loan’s status and more. In addition, the lender’s website features a handy mortgage calculator, which you can use to learn more about how much yours might cost. 

Minimum borrower requirements

Reliant Home Funding requires conventional loan borrowers to have at least a 3 percent down payment, a minimum credit score of 620 and “consistent and documented” income, according to the lender’s website. (This typically means W-2s or other proof of income from the past two years.) FHA loan borrowers, meanwhile, need a down payment of at least 3.5 percent, but can have a credit score as low as 580. To get an adjustable-rate mortgage (ARM), you must put down at least 5 percent and have “ideally over 700” for a credit score. VA loans have no down payment or formal credit requirement.

Refinancing with Reliant Home Funding 

Reliant Home Funding offers refinancing options, including to reduce your interest rate and monthly payment or cash out some of your home’s equity to use for other purposes. You can refinance completely online just like applying for a mortgage to purchase a home, but you won’t be able to view fees upfront through the lender’s website. 

Not sure if Reliant Home Funding is right for you? Consider these alternatives 

Breakdown of Reliant Home Funding overall review score

  • Affordability: 5/5
  • Availability: 4.8/5
  • Borrower experience: 4.7/5

Review methodology

To determine a mortgage lender’s Bankrate Score, Bankrate’s editorial team rates lenders on a scale of one to five stars based on a variety of factors relating to the lender’s products and services. Bankrate’s partners compensate us, but our opinions are our own, and partner relationships do not influence our reviews. Here is our full methodology.

Find your mortgage match

Get paired with your best mortgage offers in 2 minutes or less.

Reliant Home Funding consumer reviews

5.0

  • star icon
  • star icon
  • star icon
  • star icon
  • star icon
  • star icon
  • star icon
  • star icon
  • star icon
  • star icon

137 reviews

5 stars
4 stars
3 stars
2 stars
1 stars
135
2
0
0
0

Customer service rating

Knowledge
5.0
Level of service
5.0
Professionalism
5.0
Responsiveness
5.0

100% of reviews would recommend this lender

10 of 10 rates honored

Review this lender

Write a review of your experience with Reliant Home Funding.

10 of 85 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.

  • star icon
  • star icon
  • star icon
  • star icon
  • star icon
  • star icon
  • star icon
  • star icon
  • star icon
  • star icon

BEST IN THE BUSINESS

Hananoshikon | NY NY | 1/29/2021

  • star icon
  • star icon
  • star icon
  • star icon
  • star icon
  • star icon
  • star icon
  • star icon
  • star icon
  • star icon

Excellent service

Magaly | Florida | 2/2/2021

  • star icon
  • star icon
  • star icon
  • star icon
  • star icon
  • star icon
  • star icon
  • star icon
  • star icon
  • star icon

Awesome experience

Awesome Experience! | South Bound Brook | 2/2/2021

  • star icon
  • star icon
  • star icon
  • star icon
  • star icon
  • star icon
  • star icon
  • star icon
  • star icon
  • star icon

Tenacious

Teddy O | Suffolk | 2/3/2021

  • star icon
  • star icon
  • star icon
  • star icon
  • star icon
  • star icon
  • star icon
  • star icon
  • star icon
  • star icon

Brian was always on call answering all our questions!

Fast and easy | 32092 | 2/12/2021

  • star icon
  • star icon
  • star icon
  • star icon
  • star icon
  • star icon
  • star icon
  • star icon
  • star icon
  • star icon

Excellent

Excellent | Nutley | 2/12/2021

  • star icon
  • star icon
  • star icon
  • star icon
  • star icon
  • star icon
  • star icon
  • star icon
  • star icon
  • star icon

Very prompt, professional, patient in explaining the details, friendly and very crisp clear to point!!

Responsiveness ,Highly professional , Patience! | New Rochelle, NY | 2/15/2021

  • star icon
  • star icon
  • star icon
  • star icon
  • star icon
  • star icon
  • star icon
  • star icon
  • star icon
  • star icon

Very prompt service

Very prompt and professional | NJ | 2/16/2021

  • star icon
  • star icon
  • star icon
  • star icon
  • star icon
  • star icon
  • star icon
  • star icon
  • star icon
  • star icon

Smooth process

From applying for the loan to closing was a great experience. Very efficient team. | Hypoluxo Florida | 2/18/2021

  • star icon
  • star icon
  • star icon
  • star icon
  • star icon
  • star icon
  • star icon
  • star icon
  • star icon
  • star icon

Awesome lender

Excellent | Hypoluxo, FL | 2/19/2021

Written by
TJ Porter
Contributing writer
TJ Porter is a contributing writer for Bankrate. TJ writes about a range of subjects, from budgeting tips to bank account reviews.
Edited by
Mortgage editor