Roundpoint Mortgage Review: Interest Rates & Plans
Roundpoint Mortgage is a direct lender that services both traditional and FHA loans. It’s one of the largest servicers in the United States, servicing nearly $150 billion worth of mortgages. In fact, they were one of the first companies to offer FHA-backed loans back when they launched in 2007!
- Roundpoint Mortgage Servicing Corporation was a direct lender founded in 2007 in Charlotte, North Carolina.
- The lender became one of the largest servicers in the United States, servicing nearly $150 billion worth of mortgages.
- In 2017, Roundpoint entered into an agreement with Impac Mortgage Corp to acquire its warehouse lending division.
- In 2019, it was acquired by Roundpoint Mortgage Company.
- It’s now one of America’s fastest growing mortgage servicing companies and is managed by a team with more than two decades of experience in home lending.
- Roundpoint Mortgage Company offers a variety of fixed-rate and adjustable-rate mortgages, as well as government-backed loans like FHA and VA mortgages.
- You can apply for a loan on their website or by calling 800-701-5909.
- This is a great company if you are searching for a mid-sized lender with no broker fees, who can service your mortgage after the closing.
- Conclusion
Roundpoint Mortgage Servicing Corporation was a direct lender founded in 2007 in Charlotte, North Carolina.
Roundpoint Mortgage Servicing Corporation was a direct lender founded in 2007 in Charlotte, North Carolina. The company offered homeownership loans to borrowers who wanted to purchase homes but couldn’t qualify for conventional mortgages due to their credit scores or other factors.
Roundpoint provided several types of loans: fixed-rate and adjustable-rate mortgages (ARMs) as well as home equity lines of credit (HELOCs). As with most lenders, Roundpoint made its money by charging interest on these products along with origination fees and closing costs.
The lender became one of the largest servicers in the United States, servicing nearly $150 billion worth of mortgages.
Servicing is the process of collecting payments on your mortgage, keeping records, and making sure that loans are repaid. It’s different from origination (lending), which is when you apply for a loan and get approved for one. Servicing also differs from underwriting, which means making sure that you can afford to repay your house loan in full every month—or at least enough to pay off what’s left on it each month.
In 2017, Roundpoint entered into an agreement with Impac Mortgage Corp to acquire its warehouse lending division.
Roundpoint Mortgage Servicing Corporation was a direct lender founded in 2007 in Charlotte, North Carolina. The lender became one of the largest servicers in the United States, servicing nearly $150 billion worth of mortgages.
In 2017, Roundpoint entered into an agreement with Impac Mortgage Corp to acquire its warehouse lending division. This transaction expanded Roundpoint’s footprint into the wholesale business and allowed them to provide services for clients such as Fannie Mae and Freddie Mac who have been prohibited from making direct loans due to regulatory constraints on their ability to do so (such as not being able to make more than 15% interest rate).
In 2019, it was acquired by Roundpoint Mortgage Company.
Roundpoint Mortgage Company was founded in 2006 and is a direct lender. The company offers a variety of fixed-rate and adjustable rate mortgages, as well as government-backed loans like FHA and VA mortgages.
Roundpoint Mortgage Company has been gaining popularity over the years due to its competitive rates and quick turnaround times on loan applications.
It’s now one of America’s fastest growing mortgage servicing companies and is managed by a team with more than two decades of experience in home lending.
Roundpoint Mortgage Servicing Corporation was founded in 2007 in Charlotte, North Carolina. The lender became one of the largest servicers in the United States, servicing nearly $150 billion worth of mortgages and providing services to over 200 different financial institutions across the country.
Roundpoint offers a wide range of mortgage products that suit all types of borrowers from first-time homebuyers to investors. In addition to competitive interest rates and terms, Roundpoint offers flexible payment plans as well as an option for refinancing at lower rates than current ones without paying any extra fees or closing costs (which is uncommon among lenders).
Roundpoint Mortgage Company offers a variety of fixed-rate and adjustable-rate mortgages, as well as government-backed loans like FHA and VA mortgages.
Roundpoint Mortgage Company offers a variety of fixed-rate and adjustable rate mortgages, as well as government-backed loans like FHA and VA mortgages. You can apply for a loan on their website or by calling 800-701-5909.
There are several types of Roundpoint Mortgage Company loans:
- Fixed Rate Mortgages: These are available in five different terms with varying interest rates depending on when you take out your loan. The most common plan is 30 years, but there’s also one that lasts 25 years and another that lasts 20 years (the longest).
- Adjustable Rate Mortgages: This type of mortgage has an initial interest rate set at 100 basis points (1%) below the current market rate to help protect borrowers from rising interest rates over time; if the market goes up after taking out this loan then so will your monthly payment amount but only until certain terms have been met—then it begins adjusting upward again until reaching its end date where things will stay stable again until next month’s payment comes due at which point everything reverts back down again until another adjustment occurs sometime later still!
You can apply for a loan on their website or by calling 800-701-5909.
You can apply for a loan on their website or by calling 800-701-5909. You can also apply in person at one of their branches, and by mail if necessary.
This is a great company if you are searching for a mid-sized lender with no broker fees, who can service your mortgage after the closing.
Roundpoint Mortgage Servicing Corporation was a direct lender founded in 2007 in Charlotte, North Carolina. The lender became one of the largest servicers in the United States, servicing nearly $150 billion worth of mortgages.
Roundpoint Mortgage offers several different types of mortgage plans including fixed-rate loans and adjustable-rate mortgages (ARMs). It also has plans that allow borrowers to choose between paying interest-only payments or principal and interest payments on their loans over time. These options help borrowers save money while they’re financing their homes and make it easier for them to pay down debt faster than they would if they were only making monthly payments based on an interest-only basis alone
Conclusion
If you’re looking for a mortgage company with competitive rates and great customer service experience, then Roundpoint is the right choice. They offer competitive rates and are an easy option if you want to apply online through their website or call them directly at 800-701-5909.