An In-Depth Analysis of the Lender First Integrity Mortgage Services
In today’s world, with such a big market range it’s more than ever important to do your research before applying for a loan. In this article, we will be discussing First Integrity Mortgage Services. So read this review to learn everything about them including their loan products, customer service, and much more.
First Integrity Mortgage Services is a mortgage banker that offers a variety of loan products, including fixed-rate and adjustable-rate mortgages, conventional loans, and government-backed loans. The company has been in business since 1993 and is headquartered in Saint Louis, Missouri. First Integrity is licensed to do business in 9 states and has been BBB accredited since 1994.
|Loan Amount||Up to $1,000,000|
|Loan Terms(Years)||15, 20 and 30 years|
|Credit Score Range||N/A|
|No Origination Fee||Yes|
|Mortgage Programs||Conventional, FHA, VA, USDA, Renovation loans, Refinance loans|
|Employment Statuses Considered||Full time employed, part time employed and self employed|
|Intended Use||Home purchase and refinance|
|Joint Loan Applications Accepted||Yes|
|Verification Documents Required||Tax returns and pay stubs|
How Much Money Can You Borrow from First Integrity Mortgage Services?
When taking out a loan, it’s crucial to know how much you can borrow. With First Integrity Mortgage Services the maximum borrowing amount allowed is $1 million.
Keep in mind that you may not be able to borrow as much if your credit score, employment history, and monthly income aren’t the best.
To get a better estimate depending on your personal situation, we suggest you schedule a meeting with a loan officer.
First Integrity Mortgage Services Pros & Cons
As with any other mortgage company, First Integrity Mortgage also has its own pros and cons that should be considered. We will list them down below and are encouraging you to weigh them out before making a final decision.
There are many benefits of working with this company, including its big variety of loan options. On top of that, they are a BBB-accredited business and have an A+ rating.
On the other hand, they are considered an average-fee lender and you will be met with origination fee and closing costs.
- BBB accredited
- Good interest rates
- No prepayment fees
- The wide array of loan products
- Good loan terms
- They have origination fees
- Charge closing costs
- Have no availability disclosed on their website
What is the Longest Loan Term You May Obtain from First Integrity Mortgage Services?
The longest loan term you can obtain from First Integrity Mortgage Services is 30 years. This is a standard loan term for most mortgage lenders. Additionally, it is the most popular choice among borrowers as this will ensure they will have the lowest monthly payment possible.
However, besides this one, the company also offers 15 and 20-year terms for those looking to pay off their debts faster.
What Mortgage Rates Do First Integrity Mortgage Services Offer?
First Integrity Mortgage Services offers a variety of mortgage rates to meet the needs of its customers.
They have fixed-rate mortgages, adjustable-rate mortgages, and government-backed loans, such as FHA and VA loans.
First Integrity Mortgage services interest rates go from 6.06% for a 15-year refinancing loan to about 7.40% for a 30-year FHA loan. With these rates, they are considered an average fee lender.
What is the Estimated Funding Time?
This mortgage banker offers a variety of mortgage products, including FHA, VA, and conventional loans. And due to this, the funding time will differ depending on the loan type you are trying to take out.
What we found is that the estimated funding time for a loan through First Integrity Mortgage Services is 10-15 days from the time your application is approved. This is relatively fast compared to some other lenders, who can take up to 30 days or more to fund a loan.
Do They Charge Mortgage Origination Fees?
First Integrity Mortgage Services does charge origination fees to their borrowers. These are the expenses added to the total cost of the loan and cover the charges associated with issuing the mortgage.
They are typically a percentage of the total loan amount, but unfortunately, First Integrity mortgage didn’t disclose the actual percentage.
First Integrity Mortgage Services closing costs are also charged by the lender but once again they didn’t disclose how much you will need to pay.
Does First Integrity Mortgage Services Charge Prepayment Fees?
First Integrity Mortgage Services does not charge any prepayment fees.
This is one of the many benefits of working with this particular company. So, in case you want to pay off your loan early you will not have any additional charges for doing so.
In addition, this can save you quite a bit of money in interest charges and help you get debt-free faster.
What Mortgage Programs are Available?
There are a variety of mortgage programs available through First Integrity Mortgage Services. Some of the most popular programs include fixed-rate mortgages, adjustable-rate mortgages, and government-backed loans.
This variety of loan options helps the company meet the needs of all kinds of borrowers. Whether you’re a first-time homebuyer or an investor, they have a loan program that’s right for you.
Here is what their offer includes:
- Conventional mortgages
- Renovation loans
- Refinance loans
What property Usage Types Does First Integrity Mortgage Services Allow?
By taking a loan from First Integrity Mortgage Service, you can finance:
- Primary residence
- Second home
- Vacation home
- Condo or townhouse
So no matter what type of property you’re looking to purchase, this mortgage bank likely has a loan program that can fit your needs.
How Do People Rate the Customer Service and User Experience?
After our deep dive, we can conclude that First Integrity Mortgage Service reviews are outstanding. All the feedback we read stated that all the loan officers are really polite and happy to help.
They are also open to improving their customer service and user experience, so they take feedback from their customers very seriously. Even their overall score is great as they have 4.9 out of 5 stars.
By working with them you can surely expect great service but in case this company isn’t the best fit for you feel free to reach out to us. We would love to help you find a lender that suits your needs the best.
Contacts of First Integrity Mortgage Services
First Integrity Mortgage Services operates from Saint Louis, Mississippi and you can reach them via their website, email, or phone number. We will list them below.
1807 Park 270 Drive Ste. 265, St. Louis, MO 63146
And in case you are interested in applying for a mortgage, they have an online application form for all of their programs.
Availability of First Integrity Mortgage Services
As we already mentioned First Integrity Mortgage Services claims to be committed to providing its customers with a wide range of mortgage products and services.
The company offers a variety of conventional and government-backed loans, as well as a wide array of adjustable-rate and fixed-rate mortgages.
They are based in Mississippi but did not disclose on their website other states they provide their services in.
This is why we encourage you to reach out to their loan officers to see if they can help you buy the home of your dreams.
First Integrity Mortgage Services Summary
- First Integrity Mortgage Services is a mortgage bank based in Saint Louis, Mississippi.
- They have been in business for over 30 years, and have been BBB accredited since 1994.
- The company offers a variety of loan products for both home purchasing and refinancing.
- Online customer reviews praise this company as being good and reliable. They have an overall rating of 4.9 out of 5 stars.
FAQs About Loan Company
1. Who owns the First Integrity Mortgage Services?
Unfortunately, we could not find who owns the company, but the president is Mr. Joseph F Bayer Sr.
2. Where is the First Integrity Mortgage services headquarters?
First Integrity Mortgage Services is headquartered in Saint Louis, Mississippi, with an address of 1807 Park 270 Dr.
3. Is First Integrity Mortgage services a good company?
The company has a BBB accreditation issued to them in 1994 and has an A+ rating.