Movement Mortgage Reviews

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About Movement Mortgage

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Movement Mortgage (NMLS# 39179) is a direct mortgage lender with an annual loan volume of $30 billion. It doesn’t have Wall Street investors and contributes nearly 50% of its profits to national and global initiatives. The company’s highlights include six-hour underwriting, seven-day processing and one-day closing. It is headquartered in South Carolina and has over 775 loan officer locations in 49 states.

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Pros
  • Claims quick closings
  • App syncs with bank and tax software
  • More than 775 locations nationwide
Cons
  • No rates or fees posted online
  • Limited home equity products

Movement Mortgage Reviews

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    How do I know I can trust these reviews about Movement Mortgage?
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    Page 2 Reviews 10 - 40
    Customer ServicePriceLoan Process

    Reviewed Feb. 9, 2023

    I tried to apply for an HELOC on my rental property. Prior to filling out the application, I made sure that I could apply even though the loan was against the equity of that investment property, which most finance companies shy away from. It was confirmed. The issue came at the end of the application process: paystubs, incomes, bank accounts, assets accounts, and even Tax returns must all be verified through Plaid/Figure system. If you are not familiar with this system, it requires you to link all your accounts by entering your usernames and password. Knowing how much hacking is going on in the world right now, I was certainly not keen on doing so.

    I reached to the customer service and offered to send them pdf docs of all the needed info. After many back-and-forth, they finally accepted. Thus, I sent all the needed info by secured email in pdf. After several weeks of deliberation, I was informed that my application was denied because my incomes could not be verified through Plaid/Figure!

    I feel that this intransigence is unacceptable and that it represents a new type of discrimination: this one technological. If you don't feel comfortable sharing your most important personal and financial information including your username and password for all your major accounts, then you are not worthy being considered for a loan!?! This practice needs to be investigated right away before it starts spreading.

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    Customer ServiceContract & TermsPrice

    Reviewed Oct. 7, 2022

    Numerous different people asking repeatedly for duplicate documentation. Rushed timelines to get things back to them (that they already have) and to sign documents for them but no time for phone calls or to explain any of the paperwork they are so eager for you to sign. Told my co-borrower flat-out wrong information on numerous occasions and then backtracked when called out. Asked them to speak with us together multiple times to avoid any misunderstanding or miscommunications and they continued to pester her without looping me in. I never leave bad reviews because I know how important they are to businesses, but the experience we had was inexcusable and closing cost us $10k more than it should have because they couldn't be bothered to go through any paperwork with us.

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    Customer ServicePunctuality & SpeedStaffLoan Process

    Reviewed Nov. 30, 2021

    Unbelievable experience. I am helping a friend buy a home. She is a single Grandmother, raising her 2 grandchildren and a first time home buyer. We have been working on getting this loan for almost 1 mo. Our first house we really wanted we were told we couldn't get. Second house we were told we were approved, then later told we needed to do something else before being approved, Manager has been so rude on the phone, and belittling. Closing date has been changed because on not scheduling it on time. Now not sure when we close and She works 13 hrs a day. It doesn't look like there will be a Christmas this year. Have to cancel movers now. Now told we could have had 1st house but Manager says 2nd house is better.

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    Movement Mortgage Company Information

    Company Name:
    Movement Mortgage
    Website:
    movement.com