Impact Lending with a Personal Touch
Movement Mortgage is a reputable lender that stands out from the crowd with its commitment to investing 40% to 50% of its annual profits into community-based programs. Founded in 2008, this lender has grown to offer mortgage loans in all 50 states, earning top customer satisfaction marks from J.D. Power in its 2024 survey.
Wide Range of Loan Options
Movement Mortgage offers a diverse selection of purchase and refinance products, including FHA, VA, USDA, and conventional loans. Its Fannie Mae HomeReady option provides an attractive, low-down-payment path to homeownership for borrowers in high minority census tracts and designated disaster areas. Additionally, the Movement Boost program helps qualified FHA buyers cover up to the full amount of the required 3.5% down payment.
Community Focus
What sets Movement Mortgage apart is its dedication to giving back to the communities it serves. By investing a significant portion of its profits into schools and educational initiatives, this lender demonstrates a genuine commitment to making a positive impact.
Key Benefits
- Multiple purchase and refinance products designed for lower-income borrowers
- Attractive low-down-payment options, including FHA and USDA loans
- Movement Boost program provides down payment assistance for qualified FHA buyers
- Invests 40% to 50% of annual profits into community-based programs
- Offers mortgages in all 50 states
What to Know
- Does not publish sample rates online; requires contact with a loan officer or online application
- Settled a claim in 2023, agreeing to pay $23.75 million to resolve allegations related to government-backed loan products
Mortgage Options
Movement Mortgage offers a range of mortgage products, including:
- Conventional loans
- FHA loans
- VA loans
- USDA loans
- Purchase loans
- Refinance loans
- Cash-out refinance loans
- Fixed-rate loans
- Adjustable-rate loans
- Jumbo loans
- Construction loans
- Renovation loans
- Manufactured home loans
- HELOCs
Getting Started
To explore your mortgage options with Movement Mortgage, visit their website or connect with a local loan officer. While the website may lack transparency on rates and fees, the company’s commitment to community and customer satisfaction make it a lender worth considering.
Leave a Reply