Home equity loans and lines of credit (HELOC)Ĭaliber is a well-known lender that managed to firmly establish itself in the mortgage industry in a short span of time.No hard mortgage limit based on property location.With remaining entitlement, your home loan limit is based on the county loan limit where you live. No maximum limits on eligible veterans, service members and survivors with full entitlement.$472,030 for a single family home in a low-cost area and $2,095,200 for a four-unit property in a high-cost area.Single-unit home – From $726,200 to $1,089,300 for high cost areas.The limits for conventional loans set by the Federal Housing Finance Agency (FHFA) are: For adjustable terms, you can choose from 5/6, 7/6 and 10/6 ARMs with interest-only options. For a fixed term, you can choose either a 30-year fixed rate or a 30-year interest-only fixed rate. The Smart Series loans share different term options. It also offers the following adjustable-rate options: 3/1, 5/1, 7/1, 10/1 and 5/5. Smart jumbo loans - SmartEdge, SmartSelf and SmartVestĬaliber offers fixed-rate options with terms ranging from 10 to 30 years.Department of Veteran Affairs (VA) loans.Federal Housing Administration (FHA) loans.Conventional mortgages (fixed-rate and adjustable-rate).These complaints mainly focus on issues with billing and collecting, the payment process, and applying for a mortgage or refinancing.Ĭaliber Home Loans’ Services What Caliber Home Loans offers Current loan and refi interest rates are unavailable on its website, and it doesn’t offer home equity products.Īlso, despite overall positive satisfaction with its service, Caliber has received many customer complaints over the years. There are some caveats to Caliber’s service, though. The company claims it can close some loans in as little as ten business days. A streamlined process and online platform make loan approval and closing easy. The lender has a loan product for just about every type of borrower, including those with a lower credit score, the self-employed and veterans. Doesn't publish mortgage rates or refinance ratesĬaliber Home Loans is a direct residential mortgage lender that stands out for its nationwide availability, an assortment of loan options and online user experience.No home equity loans or lines of credit.
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