Filo Mortgage, LLC Reviews

On its website, Filo Mortgage lists 30-year fixed mortgage rates starting at 5.75% with a 5.922% APR as of this writing. The company publishes several rate options depending on pricing adjustments, such as discount points or lender credits. It lists rates for 30-year, 20-year and 15-year fixed mortgages, 5-year adjustable-rate mortgages (ARMs), VA and FHA loans.

Although Filo Mortgage publishes current loan rates on its website, mortgage rates change daily and may vary based on market conditions. For the most accurate pricing, borrowers should request a personalized quote or prequalification through the company’s website.

Mortgage rates vary based on several factors, including your credit score, loan type, loan amount, down payment, loan term and property details. Because of these variables, the rate you receive may differ from the examples listed online.

For comparison, the national average 30-year fixed mortgage rate is about 6.25%, though this rate also fluctuates with market conditions.

Filo Mortgage offers a variety of mortgage products, including:

• Conventional loans (10- to 30-year fixed terms)
• Adjustable-rate mortgages (ARMs)
• FHA loans
• VA loans
• USDA loans
• Jumbo loans
• Mortgage refinancing
• Home equity loans and lines of credit (HELOCs)

According to its website, Filo Mortgage also offers piggyback loan structures, such as 80-10-10 loans, which combine a first mortgage with a second loan or HELOC. These arrangements can allow buyers to make a smaller down payment while avoiding private mortgage insurance (PMI). The company also states it offers closed-end second loans and second-lien options for refinances.

Filo Mortgage loan maximum

The maximum loan amount you can receive through Filo Mortgage depends on the loan type you choose and your financial qualifications. According to the company’s website, loan amounts may reach up to $2 million for qualified borrowers in the form of a jumbo loan.

For conforming conventional loans, limits are set annually by the Federal Housing Finance Agency (FHFA). In 2026, the baseline conforming loan limit for a single-unit property in most areas is $832,750. In designated high-cost areas, the limit can reach $1,249,125, or 150% of the baseline limit.

Loan limits are updated each year and may vary based on location, property type and borrower qualifications.

Filo Mortgage does not publish minimum credit scores, down payments or debt-to-income (DTI) ratios for its loans online, but here are the industry standards for the most popular loan types.

Filo Mortgage minimum credit score

Credit score requirements generally depend on the loan program and your financial profile. Typical minimum scores for common mortgage programs include:

• Most conventional loans: 620
• FHA loans: 580 to 620 depending on down payment
• VA loans: No official minimum, though many lenders prefer 620 or higher
• USDA loans: 640
• Jumbo loans: Higher scores may be required depending on the loan amount and borrower qualifications

Even if you can’t meet these credit score ranges, some lenders offer nonqualified mortgages (non-QM loans) with different requirements, though these loans often come with higher interest rates.

Filo Mortgage minimum down payment

The minimum down payment for Filo Mortgage depends on the loan type. Typical guidelines are:

• 3% for a conventional loan
• 3.5% for an FHA loan
• 0% for a VA loan
• 0% for a USDA loan
• 10% for a jumbo loan

Conventional loans typically require a higher credit score and down payment than you need for a government-backed mortgage, but individual cases may differ.

Filo Mortgage maximum debt-to-income ratio

Filo Mortgage does not list a specific maximum DTI ratio on its website. DTI limits generally depend on the loan program and the borrower’s financial profile.

Typical mortgage guidelines include:

• 36% or lower preferred for many conventional loans
• Up to about 45% allowed by some lenders and loan programs
• Up to about 50% may be permitted for certain FHA loans in some cases

Your allowable DTI will depend on factors such as your credit score, income, assets and the type of mortgage you apply for.

Filo Mortgage’s application can be completed online or by containing the company directly. Be prepared to provide information about your income and assets so that Filo Mortgage can determine how much you can borrow.

Filo Mortgage application features

» LEARN: How to get a mortgage

You can expect to pay from 0.5% to 1% of the loan in origination fees as part of your closing costs with Filo Mortgage. This fee can vary, but we recommend that you plan to spend between 2% and 5% of your loan amount in closing costs on top of your down payment.