The Lenders Network FHA Loans Review


Rating: 7.7 / 10 (Very good)
Disclosure: We receive advertising revenue from some partners. 
Learn more.
The Lenders Network is an online mortgage marketplace that provides free lender matching services to consumers, regardless of their credit score. The company helps prospective borrowers find competitive mortgage rates from lenders who offer conventional, FHA, VA, and jumbo loans, and refers homebuyers to local realtors who can help them through every step of the purchase process.

How is The Lenders Network rated?

Breakdown

8/10
Loan Specifics
8/10
Customer Experience
7/10
Lender Reputation

Overall Rating: 7.7 / 10 (Very good)

The Lenders Network offers loan and lender matching services for individuals with low credit scores who are looking to obtain government-backed loans. Although somewhat commonplace, their website is easy to navigate and provides useful tools and information on different types mortgages. This company appears to be more straightforward than other aggregators we have reviewed and often recommends free programs and resources that may help prospective homebuyers find the right solutions for their credit situation. If you're a subprime borrower looking for multiple quotes, reliable mortgage information, or a licensed real estate agent in your area, The Lenders Network may have some worthwhile options for you.

The Lenders Network Loan Specifics

Types of FHA Loans Offered

FHA Fixed Rate 15 Year
FHA Fixed Rate 30-Year
FHA Adjustable Rate Mortgage (ARM)
FHA Jumbo Fixed Rate
FHA Hybrid
FHA Bridge/Relocation Loan
FHA Home Improvement 203(k)
FHA Self Employed

Key FHA Loan Facts

Maximum FHA Loan Amount
$721,050
Minimum FICO Score
500

Loan Specifics - 8 / 10

As a mortgage marketplace, The Lenders Network provides competitive quotes from trusted lending institutions like Quicken Loans. Their partner companies offer various types of FHA loan products that adhere to federally-regulated limits and qualifications. In accordance with HUD guidelines, the company states borrowers with credit scores above 500 may qualify for an FHA loan of up to $721,050 for a one-unit property and up to $1,386,650 for a four-unit property, depending on the area. Whether the large network of lenders this company advertises is all that it's made out to be is uncertain, yet individuals with lower-than-average credit scores wanting to compare several FHA loan options may still want to give their services a try.

The Lenders Network Customer Experience

Customer Experience - 7.8 / 10

The Lenders Network delivers quick online quotes through a simple application form that requires minimal personally identifying information. Applicants can expect to receive offers from multiple lenders via email or phone within 24 hours, yet may be contacted almost immediately depending on their qualifications. Although similar to other aggregator websites, this company sets itself apart by offering factual, unbiased information on the loan products they market as well as additional resources like guides, calculators, and even a real estate referral program.

Online Features

Online Application
Yes
FHA Mortgage Calculator
Yes
Online Quote
Yes
Social Security Number Required for Quote
No

The Lenders Network Lender Reputation

Lender Reputation - 7 / 10

The Lenders Network has an A+ rating with the Better Business Bureau but has yet to receive any customer feedback on the organization's website. There are no additional sources from which to gather information on this company's reputability.

Key Reputational Facts

Company Type
Marketplace
BBB Rating
A+
Date Collected
2018-01-24

Company Profile

Full Name
The Lenders Network FHA Loans
Company Website
Headquarters
3131 McKinney Avenue, Suite 668, Dallas, TX, 75204

Leave a comment for The Lenders Network FHA Loans
Minimum 2-3 sentences.
 No maximum length.
* What's Your Rating?
To make this comment as helpful as possible for our community, please provide at least 2 sentences.

Top Rated
10 / 10
  • Requirements and offers in under 5 minutes!
  • Low credit score, low interest rate, low down payment
  • Serving over 30 million customers
  • Offering a wide range of financing products
  • 3 types of 203(b) FHA loans available
  • 9.3 score on TrustPilot
  • Compare up to 5 free offers with no obligation