Homeside Financial Mortgage Review 2025

Homeside Financial overview

Based in Columbia, Maryland, Homeside Financial is a mortgage lender that has quickly expanded since its founding to now offer loans in the majority of states. The loan process with this lender, which also does business as Lower, starts with a conversation with a loan officer who will help you determine the right mortgage option for your situation and submit an application online. The loan process typically takes about one month from start to finish with this lender.

Pros and cons of Homeside Financial

How Bankrate scored Homeside Financial

Affordability: 3.4/5

Homeside Financial provides the full suite of low-down payment options, but the lender doesn’t make rate information public. We score Homeside 3.4 out of 5 stars for affordability.

• Interest rates: Homeside doesn’t display mortgage rates on its website, which makes it harder to understand how the lender stacks up against prevailing market rates. 
• Down payment: Homeside offers VA and USDA loans with no down payment requirement, FHA loans with a minimum of 3.5 percent down and conventional loans with just 3 percent down.
• Closing costs: Like many other lenders, Homeside charges several fees, including an application fee and an underwriting fee. The cost of the fees depend on the loan.

Availability: 4.9/5

Homeside Financial offers borrowers in most states the standard suite of mortgage loan products. We give the lender 4.9 out of 5 stars for availability.

• Home loans offered: Homeside offers conventional, FHA, VA and USDA loans.
• Footprint: You can get a mortgage with Homeside in most states, but not Alaska, Hawaii, Nevada, New York, Rhode Island and Vermont.
• Where to find: Online or at a handful of physical locations. You can apply for a mortgage with Homeside Financial online or in person at a limited number of branch locations.

Borrower experience: 3.4/5

Homeside Financial doesn’t display mortgage rates on its website and offers a relatively short rate-lock period of 30 days. We rated the lender 3.4 out of 5 stars for borrower experience.

• Preapproval and application process: Homeside Financial’s approach to the borrowing experience focuses on the partnership between the borrower and loan officer, so there’s a limit to how much of the process you can complete online. You can use the lender’s website to get in touch with a loan officer, and you’ll need to create an account in order to log into the application portal.
• Transparency: Homeside doesn’t display current mortgage rates on its website.
• Customer service: You can reach Homeside’s customer service team at 888-826-2710.

Homeside Financial reputation

Since its inception in late 2013, Homeside Financial has closed more than 85,000 mortgages worth more than $20 billion. The lender isn’t accredited by the Better Business Bureau, but has an A+ rating from the organization.

Refinancing with Homeside Financial

Homeside Financial offers rate-and-term and cash-out refinancing options. You can start the application process through the lender’s website.

How to apply for a mortgage with Homeside Financial

You can apply for a mortgage with Homeside Financial in person at a branch location, online or by phone at 888-826-2710.