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Loan Cabin Mortgage Rates Review


ConsumersAdvocate.org Rating: 4.6 / 5 (Excellent)
12 Customer Comments & Reviews - see all comments
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Founded in 2017, Loan Cabin is a direct lender that offers first mortgages and mortgage refinancing in 16 states. Customers can choose from a wide variety of loan products, including fixed- and variable-rate mortgages, conforming and jumbo loans, and government-backed FHA and VA loans. The company also offers mortgages on investment properties. Loan Cabin is located in Lombard, Illinois.

How is Loan Cabin rated?

Breakdown

5.0/5
Lender Types
4.5/5
Available Mortgage Types
5.0/5
Customer Experience
4.5/5
Reputation & Transparency

Overall Rating: 4.6 / 5 (Excellent)

Loan Cabin is a direct lender that offers a comprehensive range of mortgages, including fixed- and variable-rate loans, jumbo loans, FHA and VA loans, and even loans to help you purchase an investment property. If you live in one of the 16 states where the company operates, Loan Cabin is well-equipped to help you find a loan that suits your needs.

Loan Cabin's website is cleanly-designed, well-organized, and makes it easy to explore the company's mortgage options. You can complete Loan Cabin's mortgage application process online. We are impressed by the website's FAQ section, which provides quite a bit of "Mortgage 101" information and can help you narrow your loan choices to the ones best suited to your needs.

Loan Cabin Loan Specifics

Available Mortgage Types - 4.5 / 5

Loan Cabin's mortgage catalog is quite broad, though not the broadest in the lending market. But you'll find fixed- and variable-rate conforming and jumbo loan options among your choices. Eligible buyers may also apply for government-backed FHA and VA loans. The longest term Loan Cabin offers is 30 years. Loan Cabin also offers mortgages for investment properties.

Types of Mortgage Loans Offered

  • Fixed Rate 15 Year
  • Fixed Rate 20 Year
  • Fixed Rate 30 Year
  • 5/1 ARM
  • 7/1 ARM
  • Jumbo Adjustable Rate
  • VA Fixed Rate
  • VA Adjustable Rate
  • FHA Fixed Rate
  • FHA Adjustable Rate

Loan Cabin Customer Experience

Customer Experience - 5 / 5

Loan Cabin's website is something of a pleasure to visit: low-key and inviting with a straight-forward, organized approach to presenting information. The company's FAQ section is quite thorough and offers homebuyers—particularly first-timers—the fundamental knowledge they need to view their mortgage options with a critical eye. The company also publishes a series of helpful articles for homebuyers who want to dig more deeply into individual topics.

The website offers an interactive calculator that allows you to view estimated interest rates based on your specific loan criteria, which is a very helpful feature for homebuyers who want to comparison shop for a loan. Your actual rates may vary once you complete the loan application process and Loan Cabin verifies your credit score and other qualification factors.

Online Features

Online Application
Yes
Online Quote
Yes
SSN Required for Quote
No

Decision and Closing Times

20 minutes

Loan Cabin Qualification Requirements

Qualification Requirements - 5 / 5

Loan Cabin does not discuss individual qualifications requirements on its website. It does, however, provide an interactive rate estimator that allows you to see how such qualification factors as your credit score and loan-to-value ratio can influence the interest rates you're likely to be offered when you apply for a mortgage. The estimator did return rates when we used a low credit score and small down payment to create a hypothetical loan scenario, so it appears that you don't need stellar credit or a hefty downpayment to be offered a loan through Loan Cabin.

Loan Cabin Lender Reputation

Reputation & Transparency - 4.5 / 5

Loan Cabin earns an A+ rating from the Better Business Bureau. The company is not rated on Trustpilot. There are no recent regulatory actions against Loan Cabin listed on the Nationwide Mortgage Licensing System & Registry website. Zero complaints have been lodged against the company with the Consumer Financial Protection Bureau. That amounts to a squeaky-clean reputation and should give borrowers confidence in Loan Cabin.

Key Facts

Lender Type
Direct Lender
Year Founded
2017
BBB Rating
A+
Collection Date
2021-01-24

Complaints & Regulatory Actions

Nationwide Mortgage Licensing System ID
1657322
The Nationwide Mortgage Regulatory Actions
0
Consumer Financial Protection Bureau Complaints
0

Company Profile

Full Name
Loan Cabin Mortgage Rates
Company Website
Headquarters
1910 South Highland Avenue, Suite 300, Lombard, IL, 60148

Disclosure

Loan Cabin is an Equal Housing Lender. The Federal Equal Credit Opportunity Act prohibits creditors from discriminating against credit applicants on the basis of race, color, religion, national origin, sex, marital status, age (provided that the applicant has thecapacity to enter into a binding contract); or because all or part of the applicant’s income derives from any public assistance program; or because the applicant has in good faith exercised any right under the Consumer Credit Protection Act. The Federal agency that administers compliance with this law concerning this creditor is: Federal Trade Commission, 600 Pennsylvania Avenue, NW Washington, DC 20580 202-326-2222

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12 Customer Comments & Reviews

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pamelabyron64
10/25/2022
Like many others I too had bad credit report and I needed a solution urgently in August, I applied for a conventional home loan but was turned down due to my poor credit so I was referred to contact HACKNET567 at GMAIL dot COM by my co-worker whom he has helped almost two months ago so I did as he said with trust, according to my Equifax report and some credit agency my credit report was totally clean up in less than 7days after contacting him. My credit report is now in a good shape and I got an approval letter that my loan is now approved all thanks to this guru called Hacknet Credit Specialist. You can as well contact him for credit help and thank me later. Thanks


nortbertorussell
9/7/2022
My wife and I just got approved on our home loan in South Carolina. After experiencing some financial hardships in the past and being turned down by multiple other lenders, we stumbled across a wonderful review about Hacknet Credit Specialist on Loan Cabin for help because we had a lot of inquires, late payments, closed accounts and lot of debts our score was at 560 after much discussion with this credit specialist he fixed our credit reports and remove all negatives and some other bad items affecting our reports and boost our score to 795plus. If you're reading this review, do yourself a favor and get in touch with HIM now! Email: HACKNET567 at GMAIL dot COM WhatsApp/Text: 646 450 2754


calvinwalter496
8/17/2022
I had been to at least 6 finance companies and was turned down by all of them. I gave up on buying a new house. Then a friend told me to contact HACKNET CREDIT SPECIALIST. My score was at 550 and i had some negatives, collections, debts, school loans medical bills and late payment though I was skeptical, but I called him anyway. This man is amazing! I gave him all my information and he went ahead. Just within 7days I got a mail regarding the changes made on my report and when I checked everything was totally wiped off my score is now 798 it seems unbelievable until I got a new house, I almost cried. Not only did he get my credit fixed, but made me financially stable. I have so much respect... Read More


laurawilliams9699
7/16/2022
We can’t forget CYBER CREDIT GURU in a hurry. My husband was declared bankruptcy in 2019 (and we later on realized that the mobile home in which we lived was included). While I had a debt of $26k and about 9 negative items on my report. As a result, we couldn’t get a mortgage until we had our reports fixed. We were frustrated, there was absolutely nothing we could do until we encountered CYBERCREDITGURU (AT) GMAIL DOT COM / +1 (650) 439 0624 via a positive review about them on a blog. Today we are in a house of our own, all negative items removed and score raised from 430, 470 respectively to 782 each in 6 days. Thanks to team CyberGuru!


burtonward90
7/10/2022
Do you need professional help if you’re trying to fix your bad credit report, I got a quick and fast credit improvement after contacting Hacknet Credit Specialist and he delivered a perfect job for me by removing all my negative items tax liens bankruptcy late payment including the criminal history on my public record and improve my score to excellent 810 only within a short time of using his service. You can as well contact him directly through. (Hacknet567 AT gmail DOT com) and be rest assured of a permanent job.


tanyaoscar01
6/27/2022
A couple of weeks ago, I obtained a copy of my scores from the 3 credit bureaus; they were in the 579 range, how pathetic. He says there was no way I could be granted a loan with such a score so he rather introduced me to a credit specialist. In a few weeks, the specialist deleted all items on my report and raised my score to a whopping 791 across all 3 bureaus and I got my loan after 4 days, very excited. contact: fixmycredit at writeme dot com.


lenardw61
6/11/2022
I had been to at least 6 finance companies and was turned down by all of them due to my bad report. I gave up on buying a new house. Then a friend told me to contact HACKNET CREDIT SPECIALIST. They told me he’s right one to solve my current situation. I was skeptical, but I called him anyway. This guy is amazing! I gave him all my information and he went to work. Just within a space of 9days he called and told me to check my report I didn’t believe what I saw everything was totally cleaned up and I could go get my dream home, I almost cried. Not only did he fix my credit he also paid off my debts on my credit one and chase bank. I have so much respect for HackNet because of the way he... Read More


harrisdovan90
5/23/2022
I’m glad to share my experience working with HackNet Credit Specialist. I had some negative reports of my credit report which really affected me and my family from qualifying for a mortgage at other lenders. I went online and saw people recommending him for his good work and I contact him via mail HACKNET567 at GMAIL dot COM. He cleared all issues relating to my report within a couple of week. If you are having any issues concerning your credit report please CONTACT him with the above email he’s professional and if you also need to qualify for a mortgage with a lender with no lender overlays. Thanks


jaysonmickey9
4/21/2022
I have been battling with bad credit report after I lost my job; I couldn’t pay my rent and my landlord filed me for an eviction I was confused on what to do so I confided with my sister she gave me the contact of this wonderful hacker (HACKNET CREDIT SPECIALIST). After i explained all of my worries to him, is like a dream he wiped out all collections, closed account medical bills and cleared my payment history. I’m now free from debts my score is worth talking about I got a new apartment, all thanks to Hacknet. You can fellow him up if you need a perfect credit report. HACKNET567 at GMAIL dot COM


sbogdanoff1
11/4/2021
They promise very low or no fees along with low rates but don’t be fooled. Check Better Business Bureau complaints. Stall on processing until you exceed lock period. I seriously doubt their legitimacy.