Sebonic Financial 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

NMLS: 66247
State License: MC-1825
3.6
Bankrate Score
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Find my best matchesLoans offered
Conventional, FHA, VA, USDA, jumbo, interest-only jumbo, fixed, ARMs; refinancingNationwide availability
Available in all U.S. states and the District of ColumbiaMin. credit score required
620 for conventional loans; 550 for FHA loansPros and cons
Pros
- Loan options include conventional, VA, FHA, USDA and jumbo mortgages
- Mortgage refinancing options
- Interest-only jumbo ARM available
Cons
- Online information about loan costs not available
- Customer service hours limited
- Home equity loans and home equity lines of credit (HELOC) not available
Sebonic Financial overview
Sebonic Financial is a privately held lender based in Charlotte, North Carolina, and is a division of Cardinal Financial L.P. Octane, the lender's innovative proprietary technology, transforms mortgage lending into an absolutely seamless experience. Loans processed through this technology are quick to close, according to the lender, with drag-and-drop document capability, eSign and real-time status updates for maximum convenience and transparency. Applicants will know their loan’s status at every critical checkpoint.
Loan types
- Conventional
- FHA
- VA
- USDA
- Jumbo
- Interest-only jumbo
- ARMs
- Refinancing
Lender fees
Sebonic Financial does not provide lender fee information on its website.
Minimum borrower requirements
Sebonic Financial adheres to the conforming loan requirements for mortgages approved by government-sponsored enterprises (GSEs) Fannie Mae and Freddie Mac, as well as those backed by the Federal Housing Administration (FHA) and the Department of Veterans Affairs (VA).
For conventional loans, key requirements include good credit (typically a FICO score of 620 or higher). Depending on the loan, a minimum down payment of 5 percent is required for conventional loans, according to lender’s website. Down payments on FHA lows can be as low as 3.5 percent and VA loans have no down payment requirement.
For jumbo loans, interest-only loans are available. The maximum jumbo loan limit is $3 million.
For FHA and VA loans, requirements are set by the government. You can find them here:
Other mortgage lender reviews:
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Sebonic Financial consumer reviews
4.6
1288 reviews
Customer service rating
91% of reviews would recommend this lender
0 of 0 rates honored
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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.
The best experience
David | 21710 | 5/13/2020
If you want a loan officer that is fast, reliable, and who is willing to go far above and beyond then I highly recommend Tamara Eastridge. I’ve contacted her after doing hours of research and reading reviews. Not only did she contact me back within an hour after leaving her a voice mail, she compl...
Highly Recommend Tamara Eastridge
Juliet W. | Nashville, TN | 6/6/2020
I have worked with Tamara Eastridge three times (refinanced a townhome in 2016, bought a new home last year, and just refinanced our new home a couple months ago), and I would highly recommend her to anyone. She goes above and beyond to make the process as seamless as possible (and helping us save a...
Great Experience, Competitive Rates
Joe P. | Charlotte, NC | 6/11/2020
We got our mortgage with Sebonic as they were able to offer the best rate for the mortgage we wanted. Tamara, our Loan Originator, was working with us every step of the way and was very responsive when we did have questions. There were a couple of issues during the underwriting process, but Tamara...
High Level Customer Service! Unbelievable Response
Nicole C | Hillsboro, OR | 6/30/2020
Excellent rates. Low fees.Tamara Eastridge at sebonic was amazing to work with. Her communication was efficient and rapid throughout the entire process. Her response to any questions I had were literally answered within minutes. Her customer service is unmatched. I highly recommend Tamara. You will...
Great rates and excellent customer service
Stan | Randolph, NJ | 8/17/2020
ebonic Financial provided the best rate and closed within the 45-day rate lock period while a lot of people were refinancing. Tamara was extremely responsive and helpful throughout the entire process. She is very knowledgeable and always willing to help even when it was not her primary responsibilit...
Smooth, well executed refi at a great rate
DD | Tennessee | 9/11/2020
We were extraordinarily pleased with the knowledge, patience and customer concern shown by our loan officer, Tamara E. I know I asked a whole lot of questions over the course of closing and Tamara, using her 17 years of experience, was always ready with the answers needed specific to our particular...
Highly Recommend Michael Fienberg!
Amy B. | CO | 9/23/2020
I worked with Michael Fienberg (michael.fienberg@sebonic.com) and got a great deal. He was transparent from the very beginning, there were no delays, mistakes or surprises. I am the engineering type who has a spreadsheet for everything in life and it is always pleasant and comforting to work with so...
Great rates, great service, closed early!!
Bob Carignan | NC | 10/8/2020
Christopher Germain and Sebonic recently helped me with my refinance. Through the years I have refinanced a few times on different homes with different lenders. This was by far the easiest refinancing experience ever due to Christopher's help. Also, he was able to lock me into a rate lower than any ...
So happy!
Pedro C | TX | 10/28/2020
Tamara Eastridge and Sebonic Financial were nothing short of great! Tamara was so patient and knowledgeable and she was so prompt in replying. I am so grateful for them! Highly recommend!
Octane, Ben Brown
Beth Pupek | Ormond Beach FL | 11/6/2020
The best experience I’ve had in years.Ben was patient, knowledgeable and a pleasure to work with. He really helped me understand what was in my best interest not his. That is admirable. I would highly recommend him if you’re looking to refinance.