Mortgage Financial Services Baton Rouge Review – Is it a Reliable Option for Your Home Loan?

Searching for a reliable lending service to help finance your dream home? Look no further than Mortgage Financial Services Baton Rouge! This lender has been providing excellent loan options and customer service for years. But with so many lenders out there, can Mortgage Financial Services Company truly be trusted?

In this Mortgage Financial Services review, we’ll take a closer look at their services, rates, and customer satisfaction ratings to determine whether they’re the right choice for your mortgage needs. Keep reading to find out more!

Mortgage Financial Services Baton Rouge is a reliable lending option for your home loan needs. They have been in the business since 2006 and have a solid reputation among their customers. Many borrowers appreciate their personalized approach to lending, which allows them to find the right mortgage program that suits each individual’s unique financial situation.

One great thing about Mortgage Financial Services Baton Rouge is that they offer a variety of loan options with competitive rates. Whether you’re looking to buy your first home or refinance an existing mortgage, they have something for every borrower.

Mortgage Financial Services Baton Rouge offers a wide array of loan options that include fixed rate, FHA, VA and jumbo. They are based in Baton Rouge, Louisiana.

How much money can you borrow from Mortgage Financial Services Baton Rouge

The amount of money you can borrow from Mortgage Financial Services Baton Rouge depends on several factors, including your credit score, debt-to-income ratio, and the value of the property.

The minimum loan amount available is usually $50,000 while there is a maximum limit of up to $10 million. However, it’s important to note that just because you qualify for a particular loan amount doesn’t mean you should borrow that much. You need to determine what monthly payment fits within your budget before committing to any loan.

To get an idea of how much you may be able to borrow from Mortgage Financial Services Baton Rouge, use their online mortgage calculator tool. This will give you an estimate based on your income and expenses.

Mortgage Financial Services Baton Rouge Pros & Cons

Mortgage Financial Services Baton Rouge has its own set of pros and cons that must be considered before deciding to obtain a home loan from them. Here are some factors to weigh out before making a decision to work with them.

One of the main advantages that Mortgage Financial Services Baton Rouge provides is that they are both HUD and NMLS accredited. On top of that, they have been in business since 2006 and have a good array of loan options.

But on the downside, they are not a BBB accredited company and their interest rates are nowhere to be seen on their website. This means they are not fully transparent with their potential clients.

Pros:

• HUD accredited
• NMLS accredited
• Good loan options

Cons:

• No BBB accreditation
• No interest rates disclosed

What is the longest loan term you may obtain from Mortgage Financial Services Baton Rouge?

With Mortgage Financial Services Baton Rouge, you can choose from a variety of fixed-rate or government-backed mortgages with terms of 15 or 30 years. A longer loan term may allow for lower monthly payments but may also result in paying more interest over time, so be cautious.

If you prefer to pay off your mortgage faster and save on interest charges, then a shorter-term option may be worth considering. However, if you’re looking for more flexibility and affordability when it comes to your monthly budgeting needs, then opting for a longer-term loan might be better suited for your circumstances.

What mortgage rates do Mortgage Financial Services Baton Rouge offer?

As we have mentioned, Mortgage Financial Services Baton Rouge doesn’t have interest rates disclosed on their website.

This is a problem since they are not fully transparent with their clients. And in other words, you will not know what to expect until you actually apply for a loan with them.

Because of that, we do advise you to find a lender that is going to be transparent with you from the start. You don’t want any surprises down the road.

What is the estimated funding time?

If you are in a hurry to get your home loan approved, then the funding time is an important factor for you. Generally, the estimated funding time varies depending on different factors such as creditworthiness, type of loan program selected, and the property location. However, Mortgage Financial Services Baton Rouge provides fast processing times compared to other lenders.

Mortgage Financial Services Baton Rouge also offers online application options which save clients’ time by allowing them to apply from their homes or offices. This way they can avoid long waiting hours at physical locations.

So after you get approved, it will take from 21 to 40 days before you get funds deposited into your account.

Do they charge mortgage origination fees?

Mortgage Financial Services Baton Rouge does charge an origination fee, but the amount varies depending on factors such as credit score and loan amount. It’s important to discuss this with a representative from MFSBR during the application process to understand how much you can expect to pay in origination fees.

While some lenders may boast about not charging an origination fee, it’s important to note that they may make up for it through higher interest rates or other hidden fees. It’s also worth noting that paying an origination fee doesn’t necessarily mean you’re getting a bad deal.

This fee covers administrative costs associated with processing your application and securing your loan.

Does Mortgage Financial Services Baton Rouge charge prepayment fees?

If you’re considering taking out a home loan with Mortgage Financial Services Baton Rouge, then it’s important to understand their policy on prepayment fees. Prepayment fees are charged by some lenders when borrowers pay back their loans early or make extra payments beyond the agreed amount.

The good news is that Mortgage Financial Services Baton Rouge does not charge prepayment penalties on any of their mortgage programs. This means that if you have the financial ability to make additional payments towards your loan, you can do so without being penalized for doing so.

What mortgage programs are available?

Mortgage Financial Services Baton Rouge offers various mortgage programs to cater to the different needs of their clients.

• Fixed-rate loans
• FHA
• VA
• Jumbo
• Refinancing loans

Whatever your specific needs may be when it comes to home buying or refinancing, this lender may be able to help you.

What property usage types does Mortgage Financial Services Baton Rouge allow?

Mortgage Financial Services Baton Rouge allows various property usage types for their lending services.

• Single-family home
• Multi-family home
• Condo or townhouse
• Vacation home

No matter what type of property usage you need financing for, it’s important to speak with an experienced loan officer at Mortgage Financial Services Baton Rouge to find out which program is best suited for your specific situation.

How do people rate the customer service and user experience?

When it comes to taking out a mortgage, customer service and user experience are essential factors to consider. So, how does Mortgage Financial Services Baton Rouge fare in this regard?

To answer this question, we looked at various customer reviews online. Many customers have praised the company’s excellent communication skills and responsiveness when it comes to addressing their concerns.

Some borrowers also appreciated the personalized attention they received from loan officers who helped them navigate through the complex home buying process.

However, there were a few negative remarks regarding slow processing times and some miscommunication with underwriters. Also, some older clients complained about difficulties navigating through the website or accessing information on mobile devices.

Overall, Mortgage Financial Services Baton Rouge has a great online rating of 4,4 out 5 stars.

And in case you want to find other good rated lenders, look no further! Our amazing team of experts is here to help you find a lender that will suit all of your needs the best.

Contacts of Mortgage Financial Services Baton Rouge

If you’re interested in contacting Mortgage Financial Services Baton Rouge, there are a few ways to get in touch with them. Here we will provide you with all the information you need.

Office location: 10922 Coursey Blvd Ste. B, Baton Rouge, LA
Phone number: 225-287-9284
Fax: 225-291-0808

Availability of Mortgage Financial Services Baton Rouge

Mortgage Financial Services Baton Rouge is available only in the state of Louisiana. So if you are interested in working with them, don’t forget this.

And if you are based in the state of Louisiana, they cover the whole state, so you will have no problem.

Mortgage Financial Services Baton Rouge Summary

• Mortgage Financial Services Baton Rouge is a mortgage lender based in Baton Rouge, Los Angeles. They have been in business since 2006.
• They offer home loans for both the purchase or refinancing as well as a couple of government-backed loan options.
• Customers have had positive experiences with Mortgage Financial Services Baton Rouge’s customer service team and the company has a 4,4 out of 5-star rating.

The company is registered in NMLS and has a HUD accreditation, but they do not have a BBB accreditation.