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Light on substance, heavy on well-crafted design, Meridian’s website delivers the least amount of information in the most clear way. You can find contact information, reviews and loan options, but you won’t find many specific details. For example, under the “our loan programs” heading, loan types are listed, such as conventional loan, VA loan and FHA loan, but there’s no further information. Even though the loan types are in boxes, the tiles are unclickable. You get the name but not the description or any information about requirements, such as credit score or income. First Meridian Mortgage is an online broker that offers conventional and government-backed purchase loans, as well as refinance and HELOC options.
Kevin considered my personal circumstances and negotiated an impressively low rate. I especially appreciated their responsiveness and the saintly level of patience they had with my many questions and concerns. I was impressed throughout the process, but when they continued to follow up after the deal was closed- I was floored.
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The company had minimal wait time when SmartAsset called to find out about loan options, and friendly, informative representatives. The website is clear, although, as we previously mentioned, it contains minimal information. You’ll likely interact on the phone for the majority of your relationship with Meridian, which is fine unless you prefer a mostly digital experience. If that’s more in tune with what you’re looking for, Rocket Mortgage, Better Mortgage or Lenda are all good options.
National Average Rates
At my attorney’s advice, I continued with their attorney. She got the job done but was very impersonal an unpleasant to work with. Everyone at Meridian was super helpful through out this whole process and though it took 3 months to finalize it was worth the wait. I was able to pay off some debt and improve my financial situation greatly. My experience was like non-other….non evasive, no stress! The Meridian Team made the process so easy and quick.
First Meridian Mortgage offers refinancing with a cash-out option, so you can use the extra funds for debt consolidation, home renovations or another purpose. At the beginning of my loan process, I specifically asked if they worked with small business owners because last year was a difficult one when looking at it only through my tax forms. I was told by someone who was representing to be my loan officer that they’ve dealt with many small businesses and it shouldn’t be an issue.
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The only issue I had was that I twice requested in telephone calls that my attorney be used for the closing. I also supplied my attorney’s contact information twice. When my attorney contacted Meridian, she was told that they had chosen another attorney for closing. They did offer me the option to switch attorneys, but at the cost of delaying the closing date and a possibility of additional fees.
Fast forward 2 months, and I’ve never had a single conversation with the same person twice. I’ve wasted two months and have had a terrible experience. These people tout their capacity to do a lot of things, but unless you are a cookie cutter mortgage, stay away. I would highly recommend working with someone who builds a personal connection with you, and this is not the meridian team. Another important financial marker is your income and your debt.
I was really disappointed with the Meridian and the entire mortgage application and approval process. We liked the rates that Meridian was offering and decided to move forward with the mortgage process. After completing the on-line application and having a conversation with a representative, we thought this should be easy. Then additional information was requested and later more additional information was needed to be provided. We continuously kept saying please let us know what you need so that we can get the mortgage approved. Even though we were buying a second home, we have great credit and do not have any outstanding mortgages.
Read employee reviews and ratings on Glassdoor to decide if Meridian Home Mortgage is right for you. It goes against our guidelines to offer incentives for reviews. We also ensure all reviews are published without moderation.
It provides a snapshot of your credit and lending history, giving the lender an idea of how much risk you would be as a borrower. In general, Meridian has a FICO score minimum of 560. That’s pretty generous given that many lenders start at 620 or higher. That said, your credit score isn’t the only consideration for qualification. You won’t get the best rates or terms with a credit score that low. Ideal rates and terms are offered when you’re in the 740 or higher range.
They were professionals all the way through and I thank them for their help in lifting this heavy burden from my life. From the first time I called, the Meridian Team made me feel special. Although embarrassed about my debt, no one asked me why and always treated me with the upmost respect. Just read through our unfiltered reviews and see what you think. Well, we are on principles of honesty and trust. If you write a review—no matter what it says—it’ll stay there for everyone to see.
Meridian Fairway Independent Mortgage Corporation. Meridian also worked with commercial construction and residential loan. Best mortgage lender reviews What about local mortgage lenders. Corporation CDC and a few community-based organizations that. First Meridian Mortgage Corp Reviews Glassdoor. Meridian in Dallas TX New Homes by StoryBuilt.
There isn’t a blog or article database or a frequently asked questions section, there’s no available rates listed and there aren’t any videos or alternate content guides. You won’t find a homebuyers education course or any first-time homebuyer content. Dont be swayed by the reviews on their website, all employees!!! Everyday I was contacted by another employee from this company.
How We Help Homeowners
Thank Emma and Meridian Mortgages' help so the property purchase can be completed on time. Once you finish this step, a Meridian loan officer will contact you and give you rates, terms and possibly payments. Your credit score is the first financial marker most lenders check.
Lastly, the whole process was incredibly easy, efficient and hassle-free so I highly recommend Meridian to anyone considering a refinanced or new mortgage. Meridian Home Mortgage is a non-bank lender offering conventional, VA, FHA and jumbo loans as well as refinances. This Westminster, Maryland mortgage lender was founded in 2001 and has grown to over 100 employees providing mortgages in 44 states and the District of Columbia. The company boasts no upfront costs, such as a good faith deposit, a straightforward approach and teams that don’t work on commission. Both cash-out and rate-and-term refinances usually come with closing costs because you are essentially taking out a new loan on your home.
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