Lakeview Loan Servicing Reviews

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Edited by: Jana Lynch

About Lakeview Loan Servicing

Lakeview Loan Servicing (NMLS #391521) is one of the largest mortgage loan servicers in the U.S., collecting payments, managing escrow and providing other customer service. It also helps customers take out purchase loans, refinance loans and reverse mortgages. Lakeview is based in Coral Gables, Florida, and is licensed in all states except New York.

Pros
  • Available in 49 states
  • Helpful online tools
  • Complimentary mortgage review
Cons
  • Limited information on website
  • Unavailable in New York

Rates

Lakeview Loan Servicing mostly services loans, but it does also fund home purchase loans, refinance loans and reverse mortgages. Rates for its mortgage products are not published on its website; you’ll need to contact the company or complete an application to find out what kind of rate you might receive.

Data provided under the Home Mortgage Disclosure Act indicates that in 2021, Lakeview’s average home purchase rate was equal to the national average; in the previous two years, the average rate was slightly higher than the national average.

Lakeview Loan Servicing average home purchase rate vs. national average

Information pulled from public Home Mortgage Disclosure Act data. Rates reflect noncommercial home purchase loans only.

Application process

If Lakeview Loan Servicing is your mortgage servicer, you’ll need to create an account to access your loan information. To do that, you’ll provide your name, email address and Social Security number and then pick a user ID and password.

If you’re interested in getting a mortgage directly from Lakeview, you’ll need to contact the company directly or create a new user account to complete your application. There is an online chatbot available to answer questions, but its capabilities are limited, and you may be better off contacting the company instead.

Lakeview Loan Servicing application features

Loan types

Lakeview Loan Servicing offers purchase mortgages, refinancing and reverse mortgages. To find out what types of mortgages you qualify for, you need to speak with a company representative.

From 2019 to 2021, Lakeview Loan Servicing received 7,601 home purchase applications. Of those, Lakeview closed on 4,735 loans. It denied 1,252 applications (16%).

Loan applications for home purchases only by year

Information pulled from public Home Mortgage Disclosure Act data. Includes conventional, USDA, VA and FHA mortgages.

Refinancing

If you’re looking to refinance your mortgage — whether to take advantage of lower interest rates, change the terms of your existing mortgage or get a lump sum of cash from the equity in your home through a cash-out refinance — you can do that through Lakeview Loan Servicing. You need to call the company to get refinance offers.

From 2019 to 2021, the majority of the loans issued by Lakeview were refinance loans. Home purchase loans made up only a small percentage. In 2021, when rates were at record lows, over 90% of Lakeview’s loans were rate-and-term refinance loans. Just 1.7% of its loans were home purchase loans.

Home purchase vs. refinance loans by year

Information pulled from public Home Mortgage Disclosure Act Data. Includes conventional, USDA, VA and FHA mortgages.

HELOC and home equity loans

If you’re looking to use the equity in your home to pay for a large expense or project, you might consider either a home equity line of credit (HELOC) or a home equity loan. Both let you tap into the equity in your home; a HELOC is a revolving line of credit with a draw and repayment period, while a home equity loan gives you funds in a lump sum, and you begin making payments back to the lender immediately.

Lakeview Loan Servicing only offers home equity loans. Like its other loan products, the terms for the home equity loans are not available online, and you’ll need to contact the company directly to obtain more information.

It is important to note that a home equity loan is a secured loan that uses your existing home as collateral. If you default on the payment, you could lose your house.

Requirements

Lakeview Loan Servicing does not disclose any of its mortgage borrowing requirements online. It does provide a calculator to determine how much house you can afford. As with rates and terms, you’ll need to contact the company directly to find out requirements for different types of loans.

Industry norms suggest that for a conventional mortgage, you’ll need at least a 620 credit score and a 3% down payment. These requirements tend to be a bit less strict for government-backed loans.

National mortgage requirements by type

For more information on other loans, see our guide on jumbo loans.

Cost and fees

Although Lakeview does not disclose any of its costs or fees on its website, you can expect to pay certain closing costs with your loan. Closing costs can include an appraisal fee, credit report fee, discount points, escrow funds and other charges. These costs generally add up to 2% to 5% of the loan amount. After you apply and shortly before you close, Lakeview is required by law to provide documents detailing the costs and fees of your loan.

FAQ

What is Lakeview Loan Servicing?

Lakeview Loan Servicing is a mortgage servicer that also funds home purchase loans, refinance loans and reverse mortgages. It is based in Coral Gables, Florida.

Is Lakeview Loan Servicing legit?

Lakeview Loan Servicing is a legitimate company that is one of the largest loan servicers in the U.S. According to the company, it assists over 1.4 million customers per year with their loans. 

In 2021, it was subject to a large data breach that reportedly affected 2.5 million customers; multiple lawsuits followed. As of the writing of this profile, the lawsuits are still pending.

Where is Lakeview Loan Servicing available?

At the time of publishing, Lakeview Loan Servicing is licensed in 49 U.S. states and Washington D.C. (It is not available in NY.) Although it operates mainly online, it does have branches in five states, including Florida, Nevada, North Carolina, Ohio and Pennsylvania.

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Lakeview Loan Servicing Reviews

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    How do I know I can trust these reviews about Lakeview Loan Servicing?
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    Page 1 Reviews 0 - 10
    Customer ServiceStaff

    Reviewed Nov. 4, 2025

    I spoke to Jeff customer service representative, this was my second time talking to him. He is so rude and has too much attitude. Idk why he works there. Nothing wrong with being nice to people. So rude!!!!!

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    StaffTransparency

    Reviewed Sept. 26, 2025

    Stay clear from this company. They drag their feet and screw you over. They play games with you and do not do what they are suppose to do. They played games with us on a home They foreclosed on. Dragging their feet.

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      Customer ServiceStaffLoan Process

      Reviewed Aug. 20, 2025

      ⭐️🚫 If I could leave ZERO STARS, I would. 🚫⭐️ This company is beyond terrible. They are not just unprofessional—they are heartless, dishonest predators who will say and do whatever it takes to trap you in a deal that will wreck your life. From day one, I was hesitant for my husband to even talk to them. My gut told me something wasn’t right. But their agent, Julian, came in with his smooth words, big promises, and fake confidence, assuring us everything was going to be “legit.” Let me say this loud and clear: he LIED. And not just a little white lie—he deceived us on purpose.

      Julian told us we’d be getting over $103,000 back, endorsed to my husband, so he could pay off the creditors we chose. We made it VERY clear: if checks came already made out to certain creditors, this would not work. We even explained about the two car notes my husband pays every single month. Both Julian and his boss promised us—over the phone—that wasn’t how it worked. They swore it would all be left up to us. But once the papers were signed, it was a completely different story. They locked us into something that doubled our monthly payments—we went from about $3,000 a month to almost $6,000. That’s not just a bad deal—that’s financial destruction.

      And let me tell you what that kind of betrayal does to a family:
      • It causes sleepless nights worrying about how bills are going to get paid.
      • It causes arguments and stress in the home, because the pressure is unbearable.
      • It causes anxiety every time the phone rings or the mail comes, because you’re scared it’s another bill you can’t afford.

      • It takes away your peace of mind and replaces it with constant fear.

      This company doesn’t care. Once they get your signature, they vanish. They stop taking your calls. They stop returning messages. All that fake “Call us anytime, we’re here for you” talk? That was bait to hook us in. They got what they wanted, and then they left us drowning. Lakeview and their agents—yes, including Julian—are nothing but con artists in business suits. They don’t care about you, your family, or your future. They only care about their commission. They will sell their souls to get you to sign, and then leave you to deal with the chaos they created. This loan has been the biggest mistake of our lives. It has stolen our peace, damaged our finances, and left us regretting the day we ever answered their call.

      ⚠️ Do yourself a favor—RUN from this company. Do not listen to them, do not trust them, and do not sign a single piece of paper they put in front of you. You will regret it, just like we do. Lakeview doesn’t just ruin your credit. They ruin families. They ruin lives

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      Customer Service

      Reviewed Aug. 18, 2025

      My Loan Store mortgage was passed on for servicing by SPS and then assigned or sold to Lakeview Loan Servicing, which assigned the servicing to Mr Cooper. In the required SPS notification letter, the provided communication telephone numbers to Lakeview or Mr Cooper do not recognize my loan or allow me to set up an account or enable automatic payments. Website connections followed suit. The automated loops do not provide any opportunity for assistance. At some point, I would hope Lakeview or Mr Cooper will reach out to me. What a terrible way to run a business when a responsible customer can’t arrange to pay their mortgage.

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      Customer ServiceLoan Process

      Reviewed Aug. 18, 2025

      Constantly harassed about refinancing my home, I’ve NEVER initiated a call requesting to refinance, calls started after I made lump sum payments on the principal! I hate this company, my original loan was sold to LakeView and I’ve not had a single positive experience with this company!

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      Customer ServiceOnline & App

      Reviewed Aug. 13, 2025

      This company is terrible and I would never recommend anyone to them. They don't provide timely information, they don't do timely escrow reviews, their website kept throwing an error and next thing I know they were debiting my mortgage again a week later. I called customer service and instead of them being understanding and looking into the matter they just blamed it on me and then accessed a $25 return fee even though my account was current. DO NOT WORK WITH THIS COMPANY. THEY ONLY WANT MONEY!!

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      Customer ServiceLoan Process

      Reviewed Aug. 8, 2025

      I was working with Eddy **. My refinance was denied on the 9th. No one told me. I paid $700 for a house appraisal on the 13th. I heard nothing from anyone and started reaching out on the 24th. AFTER I finally got ahold of Eddy he told me there was nothing to be done about the money I paid after the loan was denied even though I was never informed about the denial. I've reached out to his manager as well as him and several others who have not responded. Very upset. 0/10 would not recommend.

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      Customer ServiceSales & MarketingStaffLoan ProcessTransparency

      Reviewed July 16, 2025

      I feel totally scammed by this company. The extra fees charged. The lies that they have told me about the loan amount I have to apply for. The runaround I have gone through. They do nothing to keep me as a customer for my loan. I have changed my mortgage to Rocket Mortgage and I have been treated right. I hope you will read the reviews on the Better Business Bureau because you will see the same complaints over and over again. They are not part of the Better Bureau Bureau I believe because of the lack of good ethics. Customer service is horrible. Nothing is explained where you can understand what is happening to your mortgage.

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      Customer ServiceLoan ProcessRates

      Reviewed July 9, 2025

      I had no problem with the initial mortgage process, but once they are servicing your loan, be prepared to see how much they actually value you as a customer (spoiler alert - they don't). Customer service seems to have a blame the customer attitude and issue resolution is a painful process, if they resolve it at all. I am unfortunately still a customer, and will be until the rates go down and I can refinance, which is apparently the only way you can get a new loan servicer unless they themselves decide to sell your account to a third party. With rules like that, it's no wonder they don't care at all.

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      Customer ServicePunctuality & SpeedStaffLoan Process

      Reviewed July 7, 2025

      If I could leave a no star review I would. This company bought my mortgage from another and from day 1 they were horrible. Twice they took several months of my mortgage payment, put them into a folder labeled MISC and then claimed I was several months late, in an attempt to seize my property. Whoever I got on the phone was nasty and rude. They also raised my mortgage by 400.00 over 4 years. SNEAKY.

      THEN when I sold my property and did everything I was supposed to do as far as documents requested and submitted to my attorney for closing and payoff, with 1 week left to closing they reported to the credit unions that we were delinquent, right as we were applying for our new mortgage. They are CUTTHROAT, SNEAKY and SHADY, with no regard for their clients. They lack EMPATHY. When we requested, they rescind the delinquency report they told us "WELL IT ISN'T OUR PROBLEM". If you value your home, family and property STAY away from this SHADY, PREDATORY COMPANY.

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      Sources
      ConsumerAffairs writers primarily rely on government data, industry experts and original research from other reputable publications to inform their work. To learn more about the content on our site, visit our FAQ page . Specific sources for this article include:
      1. Federal Financial Institutions Examination Council, “ HMDA Data Publication .” Accessed Sept. 23, 2022.
      2. National Mortgage Professional, “ Lakeview Loan Servicing Faces Multiple Lawsuits Over Data Breach .” Accessed Sept. 20, 2022.

      Lakeview Loan Servicing Company Information

      Company Name:
      Lakeview Loan Servicing
      Website:
      lakeview.com