About Home Finance of America
Home Finance of America - Lowest Home Mortgage Rates Coast to Coast
Home Finance of America has built its business on straightforward information about rates. The company displays mortgage rates on its homepage, unlike other mortgage companies and banks that have much higher rates.
"The most important difference between us and other companies is our mortgage rates," says CEO David Davitch. "We believe that if a customer has demonstrated that they can maintain good credit then they deserve the best possible interest rate, period!"
The company provides home mortgages in 37 states across the country. Home Finance of America completes up to 1,000 mortgage loans per month, and has closed more than $12 billion in successful home mortgages over the past decade.
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In today's tough economic climate, people deserve to find the lowest mortgage rates and best service available. We give them what they ask for. |
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—David Davitch, Founder and CEO |
Home Finance of America was founded in 1994 as a traditional mortgage company. By 1997 the company was selling directly to home buyers. That means Home Finance of America can offer lower mortgage rates and outstanding service to each home buyer. Home Finance of America is a direct mortgage bank, not a broker.
See what our customers are saying on Yelp.
Mortgage Services
Home Finance of America's website is a comprehensive mortgage resource:
Contact Home Finance of America to lock in the best mortgage rates.
Honest Mortgage Rates and Honest Practices
Unlike many mortgage lenders, Home Finance of America has never sold subprime loans, nor does it make loans without adequate income and assets.
"We were sharp enough and fair enough to recognize that subprime lending does not serve the customer's best interests," says Davitch. "We are there to provide the best possible solution to our customers' home mortgage needs."
Even in the most difficult economic times, people want to buy or refinance a home. Where people used to look at the name of the mortgage company, a brand name is no longer enough.
"People have learned that they can't always trust a name," says Davitch. "When you compare apples to apples, you'll find that our rates will beat the big banks every time."
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Where other mortgage companies invent reasons to increase rates at settlement, our rates are what they are -- we won't increase your rate at the last minute. |
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—David Davitch |
Fair Business Practices, Fair Mortgage Rates
Most mortgage loan officers are paid based on a percentage of the mortgage value. That creates an incentive for them to sell higher-rate home loans, so mortgage companies can make a bigger profit on higher mortgage rates.
Home Finance of America compensates its loan officers on a standard fee basis, regardless of mortgage value. Loan officers have no incentive to push up mortgage rates, so they can concentrate on helping each customer find the right home mortgage for his or her needs.
Each customer who applies for a mortgage loan at Home Finance of America is assigned to a loan officer who takes that customer's application through the entire home mortgage process.
The company has a single centralized location. That keeps overhead costs low, and the savings are passed on to customers in the form of lower mortgage rates.
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People like working with us because they have their own individual loan officer. They aren't passed around from department to department. |
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—David Davitch |
Home Loan and Mortgage Rates Information at your Fingertips
Customers can find all the mortgage rates information they need on the website. But anyone who has a question can pick up the phone and talk to an experienced loan officer, available 12 hours a day. Calls are answered by a receptionist, not a voice-prompted system.
Adapting to a Changing Home Loan Marketplace
"I've been in the mortgage industry for 20 years and I've seen the changes," says Davitch. "Home Finance of America has been able to adapt to industry changes and what customers tell us they need."
Each customer is asked to fill out a comprehensive survey at the end of his or her mortgage transaction. The company takes every survey into account and adapts its policies and strategies in line with customer feedback.
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We're listening and we're responding. We listen where other mortgage companies don't. 96% of our customers rate us very good or excellent. |
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—David Davitch |
Employee Profile
Joe Hallinan has been in the mortgage industry for five years. He has closed over $30,000,000 in residential mortgages. He has a client rating at Home Finance of America of 96.08%. This means that over 96% of his customers rate him very good or excellent. Joe is licensed in fifteen states. Call Home Finace of America at 1-800-358-5626 and ask for Joe Hallinan for the best service and the best rates.
Call Chris Wilt st Home Finance of America for First Time Homebuyers programs. 1-800-358-LOAN
We are currently offering a 5/1 ARM at 3.875%. Call and ask for Maryann Sparks or Rich Skok.
Mortgage Customers' Testimonials
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At settlement, I was amazed at the accuracy of every price Home Finance of America had quoted from the very beginning, including the lowest interest rate and fees…you were a (paragon) of integrity throughout the whole process up to and including closing. |
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—Ethel R. McKoy, Washington, DC |
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We were very pleased with all aspects of Home Finance of America throughout our loan refinance. Everything was completed in a timely manner and surpassed all expectations. |
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—Linda McNally, Indiana |
We are an approved lender with Fannie Mae and the Department of Housing and Urban Development (HUD).
Home Finance of America offers the lowest interest rates in the country and the best service available. Call us toll free at 800-358-LOAN (5626). Or,
apply online using our secure server today. It only takes minutes and a Mortgage Professional is available to help you 7 days a week!
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