Compare First Internet Bank vs. Rate Marketplace VA Loans

What’s the difference between First Internet Bank VA Loans and Rate Marketplace VA Loans? See how our editors compare the two companies below.
Last Updated: May 17, 2018
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First Internet Bank
8.6 / 10 - Excellent
#12 in VA Loans
Rate Marketplace VA Loans
9.0 / 10 - Excellent
#10 in VA Loans
vs

Key Facts

  • Low down payment options and origination fee
  • Free, personalized rate quote in just a minute
  • Get email alerts when interest rates change
  • Mortgage calculator available
  • FDIC Member
  • Equal Housing Lender
  • A+ BBB Accredited
  • Get up to 5 quotes free
  • A+ BBB Accredited
  • Equal Housing Opportunity Lender
  • Mortgage Bankers Association Member
  • Large network of lending companies and financial institutions
  • Find and compare VA loans from multiple lenders

OVERALL RATINGS

 First Internet BankRate Marketplace
Loan Options9/109/10
Application Process8/109/10
Reputation9/109/10

Loan Options

 First Internet BankRate Marketplace
Lender Type
Lender
Marketplace
VA Loan Types
Purchase
Rate & Term Refinance
Streamline Refinance (IRRRL)
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
Single Family Home
Multi-family Unit
Townhome
Condo
Mobile/Manufactured Home
Term Lengths
30 Year Fixed
15 Year Fixed
40 Year Fixed
30 Year Fixed
25 Year Fixed
20 Year Fixed
15 Year Fixed
10 Year Fixed
Maximum Loan Size
$424,100
$424,100
Loan Size
$36,000
$36,000

Application Process

 First Internet BankRate Marketplace
Fee Information
VA Funding Fee
VA Funding Fee
Waived Fees
No lender origination fee, no underwriting fee, no processing fee, no prepayment penalty, no PMI
Prepayment penalty, Private Mortgage Insurance
Minimum Credit Score
620
620

Reputation

Memberships & Regulatory Info.

 First Internet BankRate Marketplace
Memberships
Federal Home Loan Bank
FDIC
Nationwide Mortgage Licensing System ID
424182
1137890
NMLS Collection Date
2017-08-23
2017-08-23

Online Reviews

 First Internet BankRate Marketplace
BBB Rating
A+
A-
Number of BBB Positive Reviews
1
0
Number of BBB Neutral Reviews
0
0
Number of BBB Negative Reviews
1
9
Date Collected
2017-08-23
2017-08-23

Contact & Additional Information

 First Internet BankRate Marketplace
Homepage URL
Company Phone
(317) 532-7900
(650) 539-0387
Headquarters Address
11201 USA Parkway, Fishers, IN, 46037
1875 S Grant St #950, San Mateo, CA, 94402
Mailing Address
PO Box 6080, Fishers, IN, 46038
Year Founded
1998
2013

Final Verdict

Rate Marketplace VA Loans has a higher overall rating than First Internet Bank VA Loans. Rate Marketplace scores better than First Internet Bank across: Application Process, and Reputation. Both companies score similarly on Loan Options.