Accelin Loans Mortgage Review 2025

Accelin Loans overview

Pros and cons of Accelin Loans

How Bankrate scored Accelin Loans

Affordability: 3.3/5

Because of Accelin’s lack of rate and fee transparency, which would help borrowers compare costs with other lenders, it scored 3.3 out of 5 stars for affordability.

• Interest rates: Since Accelin Loans doesn’t show mortgage rates online, it's difficult to compare its rates to Bankrate's national averages. This can make it hard to compare rates with other lenders to see where you could get the best deal.
• Down payment: The broker offers conventional loans with just 3 percent down, along with FHA loans for 3.5 percent down. USDA and VA loans do not have down payment requirements. 
• Fees: Accelin Loans does not disclose fees on its website, so you'll need to speak with a representative to learn more about these costs.
• Closing costs: While closing costs vary by borrower and loan type, you can expect to pay between 2 and 5 percent of the loan amount on these expenses. Your loan estimate will disclose your expected closing costs.

Availability: 3.4/5

While Accelin offers a wide variety of loans, its small geographic footprint reduced its score to 3.4 out of 5 stars for availability.

• Home loans offered: Accelin Loans can connect you with a range of mortgage programs to meet various needs, including conventional, FHA, VA and USDA loans. You can also refinance your current mortgage or take out a jumbo loan.
• Footprint: The broker operates in Colorado, Oregon and Washington.
• Where to find: You can apply with Accelin Loans directly on its website or by calling 888-315-6319. If you live near its branch location in Bothell, Washington, you can also apply in person.

Borrower experience: 3.9/5

Quick closings are offset by a lack of rate transparency, leading to a score of 3.9 out of 5 stars for borrower experience.

• Application and preapproval process: Through the Accelin Loans website, you can get preapproved for a mortgage or refinance; the application takes about 10 minutes to complete. While there’s no mobile app, there is a mortgage calculator available online. The broker typically closes in 30 days, although this varies by borrower.
• Transparency: Accelin Loans doesn’t display mortgage rates on its website. To get current rates, you’ll need to first answer a series of questions, such as where you live, what kind of home you’re purchasing, how much of a down payment you anticipate fronting, the cost of the home and your income. After receiving and reviewing this information, the broker will follow up with a custom quote and consultation. 
• Customer service: Accelin has many contact methods available, including by phone, email and online form. You can also stop by its branch location if you live nearby. On its website, the broker states someone will respond to your online form submission within 10 minutes.

Accelin Loans reputation

Accelin Loans has been in business for more than five years. The broker isn’t accredited by the Better Business Bureau and does not hold a rating from the organization at the time of this writing. However, Accelin Loans gets solid customer reviews on Bankrate.

Refinancing with Accelin Loans

Accelin Loans offers rate-and-term and cash-out refinancing. To get started, you’ll need to answer several questions on the website, including about your home’s current value and your current loan balance and interest rate. As with a purchase loan, the broker will contact you with a free refinance rate quote, provided you qualify.

How to apply for a mortgage with Accelin Loans

You can apply for a mortgage with Accelin Loans in person at its branch location, online or by phone at 888-315-6319. Here are some tips to prepare for the process:

1. Check your credit report. It’s important to check your credit report before your lender does, in case there are errors that could impact not only whether you get preapproved but also your ability to get the best mortgage rate. Knowing your credit score also helps you decide what type of loan to apply for. If your score is in the very low 600s, for instance, an FHA mortgage might be best for you, as its standards are more lenient than those for conventional loans.
2. Gather personal and financial documents. With any lender, you must supply documentation about your income, assets and debts. This includes pay stubs and W-2s and account and loan statements.
3. Provide details about the property. You’ll need to provide the address of the home and submit to a home appraisal. (If you’re refinancing, you might or might not need an appraisal.)

• Methodology

  To determine a mortgage lender’s Bankrate Score, Bankrate rates lenders on a scale of one (1) to five (5) stars — with five (5) the highest rating — based on a variety of factors relating to the lender’s products and services. To assign our ratings, we assessed each mortgage lender across three core areas:

  • Affordability: Annual percentage rate (APR) - 80%; assistance for first-time homebuyers - 10%; down payment - 10%
  • Availability: Loan products - 50%; licensing - 40%; credit score - 10%
  • Borrower experience: Rate transparency - 35%; customer service - 35%; convenience - 20%; rate locks - 10%; reputation (if applicable)

  Learn more about our methodology.