Prosperity Home Mortgage Llc Is A Full Service Mortgage Banker Specializing In Residential And Refinance Loans
With a wide range of mortgage products including fixed and adjustable rate mortgages, jumbo loans, Federal Housing Administration loans, Veterans Affairs loans, and renovation financing, Prosperity Home Mortgage has a team of talented, committed professionals who work together to deliver the promise of extraordinary service.
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Who Is 21st Mortgage Backed By
21st Mortgage was purchased by Berkshire Hathaway in 2003. The financial strength of Berkshire Hathaway allowed 21st Mortgage to exit the 2008 economic down turn as the strongest lender in the manufactured housing industry. 21st Mortgage is actively searching for Mortgage Brokers and Realtors.
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Who Owns Prosperity Home Mortgage
Prosperity Home Mortgage, LLC, a wholly owned subsidiary of The Long & Foster Companies, is a full service mortgage banker that specializes in residential and refinance loans. The Long & Foster Companies is part of HomeServices of America, a Berkshire Hathaway affiliate.
Contents
Prosperity Home Mortgage Review: A Berkshire Hathaway Backed Mortgage Lender
Prosperity Home Mortgage based out of Chantilly, Virginia originally got started in the Carolinas back in 2006.
While that was probably the last good year for the mortgage industry before the Great Recession, the independent mortgage banker was able to weather the storm and come out bigger and stronger.
Today, they are one of the largest mortgage lenders in the United States, having originated roughly $6 billion in home loans in 2019.
They operate exclusively via the retail direct-to-consumer channel in 44 states with 700 branch locations nationwide.
Interestingly, they are a wholly owned subsidiary of The Long & Foster Companies, which is a part of HomeServices of America, a Berkshire Hathaway affiliate, so they appear to have a strong connection to the real estate industry.
Lets learn more about why Prosperity Home Mortgage could be a good choice for your next mortgage.
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What Companies Do Berkshire Hathaway Own
The company wholly owns GEICO, Duracell, Dairy Queen, BNSF, Lubrizol, Fruit of the Loom, Helzberg Diamonds, Long & Foster, FlightSafety International, Pampered Chef, Forest River, and NetJets, and also owns 38.6% of Pilot Flying J and significant minority holdings in public companies Kraft Heinz Company ,
Berkshire Hathaway Homeservices Fox & Roach Selects Prosperity Home Mortgage Llc As Their Mortgage Affiliate
Effective January 4, 2021, Prosperity Home Mortgage, LLC will partner with Berkshire Hathaway HomeServices Fox & Roach as their mortgage affiliate.
Were thrilled to have the opportunity to partner with Fox & Roach, said Tim Wilson, CEO of Prosperity Home Mortgage. Prosperity continues to be one of the best mortgage companies in the country, and we are looking forward to demonstrating the wealth of knowledge and integrity that our team of mortgage professionals brings to every mortgage transactionall in support of our mission to deliver an extraordinary home financing experience to our clients.
Larry Flick V, CEO of Berkshire Hathaway HomeServices Fox & Roach echoed Wilsons thoughts. This partnership fully aligns with our mission to provide the best possible resources to help clients achieve the dream of homeownership. Prosperity has built a strong reputation for providing the highest quality of service and support to their clients. They lead the way with cutting-edge technology and competitive loan products, said Flick. I look forward to the great accomplishments Fox & Roach will achieve with the backing of Prosperity Home Mortgage and our team of experienced mortgage consultants.
Prosperity is a full-service mortgage lender specializing in residential purchase and refinance loans. Prosperity is affiliated with Berkshire Hathaway and is a part of the HomeServices of America® family of companies, the overall second largest real estate company in the nation.
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A Broad Range Of Products And Programs
Prosperity Home Mortgage and HomeServices Lending provide a complete menu of mortgage products and programs including conventional, FHA, VA, renovation and jumbo financing, as well as several game changing programs to make mortgage financing attainable to more clients, easier to understand and more efficient including:
- Buyer Advantage- Shop for a home with confidence knowing you already have a mortgage commitment letter in hand.
- XLR8- An expedited loan commitment designed to simplify the approval process and eliminate last minute surprises.
- Rapid Close- A safe, secure and speedy way to close your loan in todays rapidly changing landscape.
- BorrowSmart- A loan program designed to help customers purchase a home with less money out of pocket. Offering up to $2,500 in down payment assistance for eligible borrowers.
Whether you are a first time homebuyer, refinancing, moving up or down, investing in real estate or purchasing a second home, our team of multilingual loan officers is committed to helping you find the product or program to meet your needs. Contact one of our mortgage consultants for a complimentary review of your personal situation.
Lend Local Prosper Local
Prosperity Home Mortgage, LLC, is a full service mortgage banker specializing in residential and refinance loans. Prosperity Home Mortgage offers a wide range of mortgage products, including fixed and adjustable rate mortgages, jumbo loans, Federal Housing Administration , Veterans Affairs loans, and renovation financing.
When you choose Prosperity Home Mortgage as your lender, youll benefit from our:
- Competitive rates and fees
- Our Mortgage Consultants with extensive knowledge of your local market
- Knowledge and expertise on available mortgage products
- Prompt and thorough communication
- Dedication to exceptional customer service for your unique needs from start to finish
Local Lender, Extraordinary Customer Service:
- Local Mortgage Consultants – Located in over 700 branches across the United States, we understand your local market and have strong relationships with local real estate agents and builders.
- Local Processing and Underwriting – Experienced, well-staffed, and located in 11 regional offices for loan processing, underwriting and closing. Our staff is trained to contribute to a positive customer experience with a goal of having closing documents to settlement at least 48 hours prior to closing.
- Local Senior Leadership – All escalations for loan issues are made locally, and our managers are always available to help solve problems that arise during the loan process.
Company History & Awards:
Our Family of Brands:
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Prosperity Home Mortgage Llc
Prosperity Home Mortgage, LLC, is a local full service mortgage banker specializing in residential and refinance loans. Prosperity Home Mortgage offers a wide range of mortgage products, including fixed and adjustable rate mortgages, jumbo loans, Federal Housing Administration , Veterans Affairs loans, and renovation financing. Our Mortgage Consultants have access to a broad range of programs that are designed to meet the needs of all of our clients. Contact us to understand the products and programs that will fit your particular unique home buying needs.When you choose Prosperity Home Mortgage as your local lender, youll benefit from our:
- Competitive rates and fees
- Our Mortgage Consultants with extensive knowledge of your local market
- Knowledge and expertise on available mortgage products
- Prompt and thorough communication
- Dedication to exceptional customer service for your unique needs from start to finish
- Lend local. Prosper local.
Prosperity Home Mortgage Rates
At the moment, they dont appear to advertise their mortgage rates on their website or elsewhere. So youll need to contact them to get pricing while comparison shopping.
The same goes for lender fees, which are not disclosed upfront on their website.
Be sure to inquire with a loan officer while mortgage rate shopping and get the APR, which factors in the both the fees and the interest rate.
Its unclear what lender fees they charge, such as loan origination, underwriting, and processing.
As such, its impossible to know how competitive they are until comparing their rates and fees to other mortgage lenders.
Remember, the more quotes you receive, the better deal youll get, which is proven by real studies from Freddie Mac.
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Mortgage Home Equity & Home Improvement
Whether you’re purchasing a home or remodeling one, Prosperity Bank can help guide you through the home loan process. Speak with a mortgage loan expert about borrowing to finance your purchase, refinance, build or access the equity in your home at competitive interest rates. We can also assist to purchase or refinance of a property where you are planning to build. Prosperity Bank offers a variety of mortgages and home equity loan products and terms designed to meet your specific needs including 15 and 30-year mortgages, VA, FHA and more.
Low closing costs and low-interest rates combined with expeditious service make our mortgages and home equity loans outstanding.
Prosperity Bank Offers:
Prosperity Home Mortgage Pros And Cons
The Good
Can apply directly online via digital application Lots of branch locations to choose from if you prefer a human touch Excellent customer reviews Plenty of different loan programs to choose from Free mortgage calculators and tutorials on their website Free smartphone app with ability to track loan progress
The Potential Not-so-Good
Not licensed in all 50 states Do not advertise their mortgage rates Do not disclose their lender fees on website
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Frequently Asked Questions Regarding Prosperity Home Mortgage
Where are Prosperity Home Mortgages headquarters?
Prosperity Home Mortgages headquarters are in 5322 O St, Lincoln, Nebraska, 68510, United States
What is Prosperity Home Mortgages official website?
Prosperity Home Mortgages official website is www.phmloans.com
What is Prosperity Home Mortgages Revenue?
Prosperity Home Mortgages revenue is $64 Million
What is Prosperity Home Mortgages SIC code?
Prosperity Home Mortgages SIC: 61,616
What is Prosperity Home Mortgages NAICS code?
Prosperity Home Mortgages NAICS: 522,5222
How many employees are working in Prosperity Home Mortgage?
Prosperity Home Mortgage has 300 employees
What is Prosperity Home Mortgages industry?
Prosperity Home Mortgage is in the industry of: Finance, Banking
Who are Prosperity Home Mortgages main competitors?
Prosperity Home Mortgage’s main competitors are: Platinum Home Mortgage, Loansnap.com, Commerce Home Mortgage, Irwin Mortgage
What is Prosperity Home Mortgage’s tech stack?
The technologies that are used by Prosperity Home Mortgage are: Office 365, Apache HTTP Server, GoDaddy DNS, Teamwork
Who is Prosperity Home Mortgage’s CEO?
Prosperity Home Mortgage’s CEO is Tim Wilson
A Totally Personalized Loan Experience
Our affiliated mortgage company, Prosperity Home Mortgage, works hand-in-hand with your ReeceNichols agent to bring you a totally personalized loan experience. Because theyre right here in the same office with your agent, they can help customize the entire process to your needs.
Long before you start looking at properties, their loan officers will sit down with you to understand your goals and what you wish to accomplish financially. Theyll make sure that youre pre-approved and ready to search for properties in a price range thats comfortable for you, saving you time and headaches later.
Next, theyll help you find a loan product that works for your goals. You can choose from a wide selection of loan product offerings that are right for your financial situationwhether you need a new loan or a refinance.
Above all, their loan officers are purchase experts who go above and beyond the call of duty to make sure that you get the most enjoyable and personal loan experience possible by being proactive, accurate and empathetic, every step of the way. No matter what your goals are, theyll come up with a custom solutionjust for you.
Learn more about Prosperity Home Mortgage’s home loan services today by visiting kansas.phmloans.com.
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Prosperity Home Mortgage Quick Facts
- Formed in 2006 in the Carolinas, currently based out of Chantilly, Virginia
- More than 700 brick-and-mortar branch locations nationwide and 350+ loan consultants
- 11 regional offices that process, underwrite, and close loans
- Closed roughly $6 billion in home loans during 2019 via retail channel
- Also operate a family of local brands including Edina Realty Mortgage, FM Lending Services, DFW Texas Mortgage, and Long Mortgage Part of the HomeServices family of mortgage companies, a Berkshire Hathaway Affiliate
As noted, Prosperity Home Mortgage is a relatively young mortgage company, having been formed in 2006.
However, theyve already managed to fund more than $6 billion in home loans in a single calendar year, which makes them one of the largest mortgage lenders in the nation.
A good portion of that volume came from lending in their home state of Virginia, which accounted for roughly 20% of that total.
They also did quite a bit of mortgage lending in nearby Maryland and North Carolina, as well as Minnesota.
PHM has several smaller, local mortgage brands, including Edina Realty Mortgage, which serves home buyers in Minnesota and Wisconsin, FM Lending Services, a mortgage banker located in North Carolina, DFW Texas Mortgage, and Long Mortgage based out of Tucson, Arizona.
Overall, their area of focus seems to be the Mid-Atlantic, Northeast and Midwest, though theres a good chance theyll expand further west as time goes on.
Every Day We Live And Breathe Mortgages To Provide Canadians With A Better Choice
You deserve a great mortgage experience. We’re committed to:
- Providing you with the best possible service in the mortgage industry
- Offering you flexible options and the lowest rates for your best mortgage fit
At True North Mortgage, saving you money while providing unbeatable service is why we’re here. We begin the lending process by listening to your needs. Weâll help you define those needs, evaluate your entire credit picture and determine what mortgage solution is right for your unique situation. And, if your needs change, we’ll provide the solutions to grow with you.
Plus, we provide useful tools and information to help educate you on the entire loan process for clearer decisions and choices along the way.
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The Principles That Guide Us:
Our Mission
Through exceptional and unified support, we provide our customers with an easy, cost-effective and timesaving way to obtain a mortgage. We strive to be a better solution to big banks and independent mortgage brokers. We are committed to establishing strong relationships with both clients and accredited lenders, in order to do the best for our clients’ ongoing residential mortgage needs.
Our Vision
Our exceptional, unified style of mortgage brokering will be the obvious choice for anyone looking for mortgage financing, making stress-free, cost-effective mortgages the new normal. We want to be the #1 Mortgage Broker choice for good credit homebuyers in Canada.
Our Business Focus is Relationships
True North Mortgage works closely with large public banks and small private Trust companies in Canada in order to match our clients with the best, low-cost financing package. We also strive to build lasting relationships with our clients, believing that we’ll do the best for their mortgage needs, whenever they need us.
We Help Clients Find the Best Financing Solutions
We help our clients find the right solutions to fit their financial needs. From the first mortgage for a client’s home, to the purchase of a rental property or vacation home, we provide a comprehensive array of services and solutions to successfully meet our clients’ mortgage needs over their lifetime.
How Do You Pay Prosperity Mortgage
You can make your first payment by phone, free of charge #833-269-2544 or mail a check or money order to PO Box 52371 New Orleans, LA 70152. Often you will make your first payment to us, however, you will receive a Notice of Servicing Transfer if you should make your first payment to a New Servicer.
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We Did Not Find Results For:
Check spelling or type a new query. Who owns prosperity home mortgage. Maybe you would like to learn more about one of these? We did not find results for:
Maybe you would like to learn more about one of these? Who owns prosperity home mortgage. We did not find results for: Check spelling or type a new query.
Is Prosperity Mortgage A Bank
Prosperity Home Mortgage, LLC , is a full service mortgage banker specializing in residential and refinance loans. Our mission is to provide credit-worthy customers with competitively priced residential mortgage financing. The FM Lending Services brand is a full service mortgage banker in North Carolina.
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Prosperity Home Mortgage Partners With Dc Habitat To Complete 14 Affordable Homes
CHANTILLY, Va.—-Prosperity Home Mortgage, LLC is partnering with Habitat for Humanity of Washington, D.C. to finance the completion of fourteen affordable homes in Washington, D.C. as part of its continued commitment to serving the greater Washington community.
Prosperity is pleased to provide an investment of $300,000 in financing that will be used to complete DC Habitats current project in the Randle Highlands neighborhood of Southeast DC. This significant support, Prosperitys largest of a community organization to-date, will ensure the timely completion of the fourteen houses and expedite the welcoming of families into their new homes.
We are in the business of promoting successful homeownership, and our mission is to ensure all communities have access to affordable housing and credit, said Tim Wilson, President & CEO of Prosperity. Prosperity has been, and will continue to be, committed to investing our time and resources in the communities we serve. We carefully vet and select our local partnerships, and DC Habitat shares our commitment to improving the housing needs of local communities. DC Habitat is a strong and valuable partner to both Prosperity and the DC community as a whole.
