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Lendgo VA Loans Review


Rating: 7.7 / 10 (Very good)
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Lendgo is an online platform for connecting borrowers to their network of lenders, offering mortgages, VA loans, and refinancing. They provide a variety of calculators and guides to help their customers make educated choices. Lendgo was founded in 2009 in California, and has an A+ score with the BBB.

How is Lendgo rated?

Breakdown

8/10
Loan Options
8/10
Application Process
7/10
Reputation

Overall Rating: 7.7 / 10 (Very good)

LendGo has clearly taken steps to make pre-qualifying for a VA loan simple, efficient, and even pleasant. Their website's simple graphics, rapid response time, and straightforward navigation makes applying easy. LendGo directs its customers to lenders for the full range of VA mortgages and for the financing of the full range of property types. The company lacks repetitional data, but the absence of complaints, lawsuits and regulatory actions speak well for it.

Loan Options

Lender Type
Marketplace
VA Loan Types
Purchase
Rate & Term Refinance
Streamline Refinance (IRRRL)
Cash-out Refinance
Cash-in Refinance
Jumbo
Property Types
Single Family Home
Multi-family Unit
Townhome
Condo
Mobile/Manufactured Home
Term Lengths
40 Year Fixed
30 Year Fixed
25 Year Fixed
20 Year Fixed
15 Year Fixed
10 Year Fixed
8 Year Fixed
Adjustable Rate Mortgage Terms
10/1 ARM
7/1 ARM
5/1 ARM
3/1 ARM
1 Year ARM
Maximum Loan Size
$424,100
Loan Size
$36,000

Loan Options - 8 / 10

LendGo connects lenders with borrowers who want VA loans for real estate purchases, refinancing, and jumbo loans. Financing may be obtained for single- and multi-family homes, townhouses, condominiums, and mobile homes.

Application Process

Fee Information
VA Funding Fee
Waived Fees
Private Mortgage Insurance, Pre-payment penalties
Minimum Credit Score
620
Borrower Qualifications
41

Application Process - 8 / 10

Visitors to the LendGo website are directed to enter basic pre-qualifying information through text and point-and-click choices. Based on those choices, LendGo provides prospective borrowers with connections to the VA mortgage lenders who best suit their needs. The process is straightforward and engaging.

Reputation

Memberships & Regulatory Info.

Nationwide Mortgage Licensing System ID
3175
Nationwide Mortgage Regulatory Actions
2
NMLS Collection Date
2017-08-23

Online Reviews

BBB Rating
A+
Date Collected
2017-08-23

Reputation - 7 / 10

Although LendGo is not listed with the BBB, its parent company, LeadPoint, is accredited, has an A+ rating, and has received just four complaints. The company is not rated on TrustPilot. For these reasons, determining LendGo's reputation is difficult. However, it does not appear that the company has been the subject of significant lawsuits or regulatory actions.

Contact & Additional Information

Homepage URL
Company Phone
(877) 929-8921
Headquarters Address
6420 Wilshire Blvd 1040, Los Angeles, CA, 90048
Mailing Address
6420 Wilshire Blvd 1040, Los Angeles, CA, 90048
Year Founded
2005

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