Kings Mortgage Services: A Comprehensive Overview

Are in the market for a new home? You want to get the best mortgage deal as well? Well, we all know that when it comes to the mortgage it’s crucial to have a good and reliable mortgage banker. So, Kings Mortgage Services might be the right choice for you. In this Kings Mortgage Services review, we will cover all the things you need to know about them, from their loan options, to their interest rates, so read on to find out more!

Kings Mortgage Services is a national leader in the mortgage industry, with over 20 years of experience helping homeowners obtain the financing they need. They offer a wide variety of mortgage products and services, including fixed-rate and adjustable-rate mortgages, FHA and VA loans, USDA loans, conventional loans, refinancing and more. They also offer a number of unique programs, such as their Kings Cash Back program, which provides cash back at closing for qualified buyers.

In addition to their comprehensive mortgage offerings, Kings Mortgage Services also provides a number of valuable tools and resources for homebuyers. Their online resources include a mortgage calculator, loan comparison tool, and extensive articles on topics such as credit scores and home buying tips. They also offer free consultations with a mortgage specialist, so you can get expert advice before making any decisions.

How much money can you borrow from Kings Mortgage Services

When you’re ready to buy a home, we all know that it’s very important to know how much you can actually borrow. Of course, there are many factors that come into play when the lender is checking to see how much to approve you for.

Factors such as your credit score, debt to income ratio, and your salary are all playing a part in the process of getting approved for a certain loan amount. That’s why it’s important to be very careful with those matters. And in case of the Kings Mortgage Services, the maximum allowed borrowing amount is up to $1 million.

Kings Mortgage Services Pros & Cons

Like with any other mortgage banker out there, King Mortgage Services have both pros and cons that you should weigh out before making a decision. One of the benefits working with Kings Mortgage Services brings is that they offer a wide variety of loan products available, so you can find the one that best suits your needs. They also have a very user-friendly website that makes it easy to apply for a loan and track your application status.

On top of that, they also hold a HUD and NMLS accreditation, which is a very important thing in the world of mortgage lenders and bankers. But, on the downside, Kings Mortgage Services does have some drawbacks.

One is that they don’t hold any official accreditation for BBB and even BBB has issued an alert regarding the Kings Mortgage Services not having any license.  They also failed to provide interest rates on their website, which means they are not fully transparent with their potential clients.

Pros:

• HUD accredited
• NMLS accredited
• They have a mobile app

Cons:

• Not BBB accredited
• No interest rates disclosed
• Have no license

What is the longest loan term you may obtain from Kings Mortgage Services?

The longest loan term you may obtain from Kings Mortgage Services is 30 years. This is a standard loan term for most mortgage lenders, so you should have no trouble finding a loan with this term from another lender if Kings Mortgage Services is not the right fit for you.

However, besides this option, this mortgage lender offers 5, 10, 15 and 20-year terms that may be a better fit for you and your financial situation.

What mortgage rates do Kings Mortgage Services offer?

Kings Mortgage Services interest rates are nowhere to be seen on their website as we have previously mentioned. Because of that, we advise you to find a lender that is fully transparent with you.

And of course, always check with your loan officer what interest rate you will get. Never sign the loan agreement before understanding it fully.

What is the estimated funding time?

According to Kings Mortgage Services, the estimated funding time for a loan is within 3 weeks. This means that once you have submitted all of the necessary documentation and have been approved, you can expect to receive your funds within this timeframe.

While this is not the fastest funding time in the industry, it is still a very reasonable timeframe and should not be a dealbreaker if you are considering using this company for your mortgage needs.

Do they charge mortgage origination fees?

Mortgage origination fees are charged by lenders in order to cover the costs associated with originating a new mortgage loan. These fees can vary considerably from lender to lender, so it’s important to compare offers from multiple providers before choosing one.

Kings Mortgage Services does charge an origination fee, and it is around 0.5% to about 1% of the total loan amount. While this isn’t the best offer you can get, it certainly isn’t the worst as many take as much as 5% of the loan amount.

Does Kings Mortgage Services charge prepayment fees?

Kings Mortgage Services does not charge prepayment fees, making it a good choice for borrowers who may want to pay off their mortgage early.

Prepayment fees are charges assessed by a lender when a borrower pays off their loan before the end of the loan term. These fees are typically a percentage of the outstanding loan balance and can vary significantly from one lender to another.

Because they can add significantly to the total cost of borrowing, we always advise people to choose a lender that does not charge them such as this one.

What mortgage programs are available?

There are a variety of mortgage programs available through Kings Mortgage Services. Fixed-rate and adjustable-rate mortgages are both available, as well as some other loan programs, including:

• Conventional loans
• FHA
• VA
• USDA
• Refinancing loans

Kings Mortgage Services offers a wide range of mortgage products to meet the needs of their customers.

What property usage types does Kings Mortgage Services allow?

Kings Mortgage Services allows a variety of property usage types. These include:

• Primary residences
• Second homes
• Vacation homes
• Townhouses

Considering the fact that they have a wide range of products and services to meet the needs of their customers, these property usage types are quite good.

How do people rate the customer service and user experience?

In regards to the customer service and customer experience, we all know that it’s a mix of both good and bad ones. The same stands for the Kings Mortgage Services. Overall, their clients are very much satisfied with their customer support, with many stating that their customer support team is very helpful and friendly.

On top of that, their onlines ratings are amazing as well. Kings Mortgage Services ratings are 4 out 5 stars online, which is very good in comparison to other lenders in their area. All in all, people seem to be satisfied and Kings Mortgage Services seems to be a good lender.

Of course, if you are interested in working with other good rated and reliable mortgage lenders, don’t hesitate to reach us, our team is more than happy to assist you in finding the best mortgage lender for your needs.

Contacts of Kings Mortgage Services

If you’re thinking of using Kings Mortgage Services for your home loan needs, you’ll want to know how to contact them. Here’s their contact information:

Office location: 3742 W Mineral King Visalia, CA
Phone number: 559-713-1064
Fax: 559-713-1065

Availability of Kings Mortgage Services

Kings Mortgage Services is a nationwide mortgage company that offers a wide range of mortgage products and services. They have an experienced team of loan officers who are ready to help you find the right mortgage product for your needs. Here is all you need to know.

Office locations:

• Visalia
• Hanford
• Reedley
• Kingsburg

You can find the phone numbers of their offices on their website. And remember, they only operate in the state of California.

Kings Mortgage Services Summary

• Kings Mortgage Services is a mortgage bank that has been in business since 1997.
• They are based in Visalia, California and offer their services only across the state of California. They also have multiple offices based in this state so customers can easily reach them.
• The company does not have a BBB accreditation for providing mortgage services, but they are registered in the HUD and NMLS.
• They offer a couple of different loan programs including Conventional, FHA, VA, USDA, as well as some refinancing options.
• Overall customer satisfaction with their services is good as they have a 4 out of 5-star rating.

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