Hunt Mortgage Corp Review – Is It the Right Lender for You?

Are you in the market for a mortgage? Want to work with a good and reliable mortgage broker? Well, you are in the right place. In this Hunt Mortgage review, we’ll take an in-depth look at everything from the pros and cons of working with them, to their customer service and lending options. So sit back, relax, and let us guide you through all there is to know about Hunt Mortgage.

Hunt Mortgage Corp is a mortgage banker that offers a wide variety of loan products, including FHA loans, VA loans, conventional loans, jumbo loans, fixed rate loans, and specialty loans. They started their business in 1983 and they are located in Buffalo, New York. Besides operating in New York, they also have their branches in Arizona and Massachusetts.

How much money can you borrow from Hunt Mortgage Corp

If you’re looking for a mortgage loan, Hunt Mortgage Corp could be a good option for you. They offer a wide variety of loan products, including FHA, VA, and conventional loans. You can borrow up to $1,5 million from Hunt Mortgage Corp, which is a higher limit than some other lenders.
Of course, just because they offer up to $1,5 million, it’s best to talk to your loan officer, simply because the loan amount you will be approved depends on many different factors.

Hunt Mortgage Corp Pros & Cons

Like with any other mortgage banker, Hunt Mortgage Corp has both pros and cons that you should consider and weigh out before making a decision to work with them. One of the major benefits of working with them is that they are a HUD accredited company that has been in business for over 30 years. They also offer a wide array of loan options and as well loan and mortgage refinancing.
On the other hand, they are not a BBB accredited business and they have a rating of 1 out of 5 stars on the official BBB website. This presents a major concern since it means that a lot of people are not actually satisfied with them.

Pros:

• HUD accredited
• The wide array of loans
• Good loan terms
• Long years in business

Cons:

• Not BBB accredited
• No interest rates disclosed
• Bad ratings

What is the longest loan term you may obtain from Hunt Mortgage Corp?

The longest loan term you may obtain from Hunt Mortgage Corp is 30 years. This loan term is available for all their mortgage programs and will ensure you have the lowest possible monthly payment.

Besides this, they also offer 10, 15 or 20 year terms that may be more suitable for those looking to get out of debt faster or want to take out a small loan.

What mortgage rates does Hunt Mortgage Corp offer?

Hunt Mortgage rates as we have mentioned are nowhere to be seen on their website. This is a major problem, simply because their potential clients will not be able to know what to expect regarding the interest rates until they actually send an inquiry.

We, however, did manage to find that they are an average interest rate lender in comparison to other lenders that offer the same or similar loans.

What is the estimated funding time?

When it comes to funding time, Hunt Mortgage Corp is estimated to take around 30 to 45 days. This is a bit longer than some of the other companies out there, but it is still within the realm of what is considered normal.

One thing to keep in mind is that this company does offer FHA and VA loans and they tend to take longer to be issued than conventional loans.

Do they charge mortgage origination fees?

Same as many other mortgage lenders, Hunt Mortgage Corp does charge a mortgage origination fee. This is a fee charged by the lender for processing your loan application and originating your loan.

The origination fee is typically a percentage of the total loan amount and can range from 0.5% to 1% or more. Be sure to ask about any fees associated with your loan before you agree to work with a particular lender.

Does Hunt Mortgage Corp charge prepayment fees?

Prepayment fees are typically charged by lenders when borrowers pay off their loans early. These fees can vary depending on the lender, but they typically range from 1-5% of the loan balance. Hunt Mortgage Corp does charge a prepayment fee of 3% if you pay off your loan within the first three years. After that, there is no prepayment fee.

What mortgage programs are available?

Hunt Mortgage Corp offers the following mortgage programs:

• Conventional
• FHA
• VA
• Jumbo
• Specialty home loan
• Refinancing loan

The most popular type certainly is conventional, however, if you can’t qualify for it, we recommend you look into specialty home loans as they can be much easier to qualify for.

What property usage types does Hunt Mortgage Corp allow?

Here are the property types you can purchase using a Hunt Mortgage Corp loans:

• 1-4 family residences
• Condos and co-ops
• Manufactured homes
• Multifamily properties (5+ units)
• Vacation home

As you can see, the list is quite long but in case you did not find the property type you are looking to purchase, we suggest you contact a loan officer from the branch nearest to you.

How do people rate the customer service and user experience?

We did mention that Hunt Mortgage Corp doesn’t have the best rating on the official BBB website. Well, their ratings are a mix of both good and bad ones. This is because many people praise their customer service, saying they are very helpful and pleasant to talk to.

But on the other hand, many people had complaints with the Hunt Mortgage Corp directly. A lot of people have stated that the loan officers are not very helpful and that they don’t care that much about their clients or their wishes. Overall, their online rating is 3.9 out of 5 stars, which means that customer satisfaction can be improved.

And in case you want to work with a lender that has a better rating, feel free to reach us. We would be more than happy to assist you in finding the lender that suits your needs the best.

Contacts of Hunt Mortgage Corp

Hunt Mortgage Corp has its headquarters in Buffalo, New York. Besides working in New York, they also operate in Arizona and Massachusetts. With this said, we will provide you with their phone number, FAX number and email as well.
You can also reach them over their website, since they have a chatbot available and you can also reach a specific loan office as well.
Phone number: (888) 433-8373

FAX number: (716) 633-3717

Email: [email protected]

Availability of Hunt Mortgage Corp

Hunt Mortgage Corp is a mortgage banker that offers a wide range of mortgage products and services. They offer their services in the following states and cities:

• Buffalo, New York
• Rochester, New York
• Syracuse, New York
• Albany, New York
• Arizona
• Massachusetts

In case you are interested in working with them, we have provided you with their phone number, Fax and email as well. You can also reach them directly on their website through chatbot or inquiry, or you can also reach a specific loan officer you desire to work with.

Hunt Mortgage Corp Summary

• Hunt Mortgage Corp is a mortgage bank that opened back in 1983 in Buffalo, New York.
• They offer a variety of government-backed and conventional loans as well as refinancing loans.
• Although they have been in business for such a long time, they don’t have a BBB accreditation but do hold a HUD accreditation for providing mortgage services.
• The company is based in New York but they also offer their services in Massachusetts and Arizona.
• After looking through many online reviews we found that customer satisfaction is average and the business has a 3.9 out of 5 star rating.

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