Earth Mortgage is based in Texas and licensed in the following states: Alaska, California, Connecticut, District of Columbia, Florida, Illinois, Indiana, Louisiana, Maine, Maryland, Michigan, Minnesota, New Hampshire, New Mexico, Ohio, South Carolina, Tennessee, Texas, Virginia, Washington, and Wyoming. They are working to develop licenses in the rest of the United States. Earth Mortgage is a direct lender, not a mortgage broker. They control the lending process from application to approval. There is no middleman so the borrower can save the commission that would normally go to one. The borrower has access to the best rates and is guaranteed satisfaction by Earth Mortgage. They have a knowledgeable staff who will answer your question quickly, accurately and graciously. They also guarantee best rates, response time and closing date or they pay the borrower $500.00. Also if the borrower uses a realtor from within the Earth Mortgage’s qualified network the home buyer will receive a 1% rebate on their home purchase. Not only will this help easy the hassle and frustration of house hunting, but also benefit the buyer’s pocketbook!
Earth Mortgage offers free online pre-approval as well as easy to utilize online applications. They offer a myriad of loan products. A few are outlined here:
Loans Funded by Earth Mortgage
- Conventional Loans
- FHA/VA Loans
- 30 and 15 Year Fixed Rate Loans
- 10/1, 7/1, 5/1, 3/1, 1Year and 6 month Adjustable Rate Mortgages
- Interest Only Loans
- Jumbo Loans
- Refinancing with Cash Out
- Debt Consolidation
- Home Improvement
- Poor Credit Options
- Stated Income
- No Income/No Asset
Earth Mortgage allows its clients to monitor interest rates looking for a specific rate. They will then notify their client at which time the borrower may or may not lock in the rate. This is a free service. The loan process is completely outlined on the website for Earth Mortgages clients. There will be no surprises during the mortgage procedure. Also included is a handy mortgage glossary to aid Earth Mortgage clients in understanding financial terminology. Earth Mortgage’s Customers may apply online or by phone.
Recent Earth Mortgage News
While many subprime mortgage lenders have been in the news lately for predatory lending practices, Earth Mortgage has so far avoided involvement in this scandal.