
Network Capital Reviews
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About Network Capital
Network Capital (NMLS #11712) is an online direct mortgage lender available in 43 states. The company has borrower perks that stand out, like no lender fees and closing in as little as 15 business days. The company underwrites your purchase loan upfront — usually within 24 hours — so the seller can be confident the loan will close. Network Capital has been in business since 2002.
Visit www.networkcapital.com- Posts daily rates on its website
- Closings in as little as 15 days
- No lender fees for qualifying borrowers
- Not available in CT, GA, MA, MO, NH, NV and UT
- No mobile app
Network Capital Reviews
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Reviewed Nov. 24, 2023
I ran into a couple of snags along the way with some information on some credit reports that we had to get off, but everything turned out okay. They took very good care of me. I was able to pay off some credit card debt. The process was fine but the interest rate is a little high.
Reviewed Nov. 24, 2023
The process was very professional and simple. The loan officer was on my side from minute 1.
Reviewed Nov. 23, 2023
We were really happy with Network Capital. We refinanced our house a few years ago and it was a pain. But when we refinanced with Network Capital, it was really easy. They're in California and we're in Arizona, and the process was all done pretty much online. It's always a lot of paperwork, but they made it really good and they were informative. They were really professional and polite. They answered all our questions and I highly recommend them to anybody because they really work with you. If you have a question, you call them. If you don't reach them, they call you right back.
We went from a 30-year mortgage with a rate of 7%, to a 15-year at a rate of 2.5%. We got a really good rate with them and the terms were reasonable. They had me get all the documentation and all was sent via internet. The process really was smooth and it only took 10 days. Then they had somebody come out to our home for the signing, so it was really convenient. I told my girl friend that these people were awesome and that she needed to call them. And she had the same feedback on them.
Reviewed Nov. 23, 2023
I used to work in real estate, and getting a mortgage with Network Capital was exceptionally simple. The rep, Carlo, was knowledgeable. He knew what he was doing and got it done. I'd tell people to go for Network Capital. They're pleasant to deal with, and they're adequate and seem to be honest. They did what they said they were gonna do. They were quick and efficient as well. They've streamlined a lot of things over the years.
Reviewed Sept. 29, 2023
Everything went smooth as glass with Network Capital. Our loan officer suggested that we do a refinance instead of going under and losing the house. The rate of the mortgage was within the standards that we expected and it was no shock to us because they laid it out pretty well. The advisor said it would all work out and it has. It helped my credit score at the same time and it was a win-win. Our rep, Brian, was super through the whole thing and he kept us informed. Everybody that I talked to was great and they weren't pushy. I would give them the JD Power Award 10 across the board because they were so nice and so helpful. Their website was also easy to maneuver around.
Reviewed Aug. 31, 2023
Thanks for your timely response I highly appreciate your prompt response to my loan application. It was a pleasure working with you. I am quite pleased with your work and response to my urgent needs. Your net work is very important to me. You have shown to me how effective and efficient you are in caring for your clients. I will highly recommend you to anyone who need financial assistance.
Reviewed Aug. 30, 2023
Network Capital Funding did very well. There was a couple of hiccups in the process but everything was handled. So, we were happy with them. We worked very closely on the phone and the computer throughout the whole thing. I'm an ex-mortgage guy, so I totally understand the business and they didn't have to explain a whole lot of stuff. It took about 12 days to resettlement. It was very quick.
My loan officer was very good. He understood me, and I understood him. We rock and rolled right through it. We'd love to have a better rate, but it's just impossible given the economy. We're in the middle of a rate hike. So, the rate changed and they called us quite a bit to say, "Look, lock in, lock in. We need you to lock in because they're going up." They were very proactive in helping us with the rates. The one thing that I would have wished would happen was we had requested that they service our loan but the loan was sold off right away after it was financed.
Reviewed Aug. 29, 2023
Jedd and the Network Capital team did a wonderful job in assisting me with my loan and they are number one in my book. The team was very professional, pleasant and knowledgeable about their business. The team also kept their word on every promise they made to me and that meant that they were trustworthy.
Reviewed Aug. 28, 2023
I like to mention Jedd ** who went over and above in making my loan with Network Capital a complete success. Without his focus and determination on getting me the best rate and the service he offered day in and out while helping me accomplish a goal!! Thanks again Jedd!
Reviewed Aug. 9, 2023
Network Capital Funding Corporation was very courteous. They checked out the situation. And it was interesting how far the loan officer went to try to help me.
Reviewed Aug. 8, 2023
We were looking to reduce some bills and get a roof put on. The refi with Network Capital was awesome. Tyler did an awesome job. He was very attentive and he constantly checked in and we were communicating quite well with each other.
Reviewed July 1, 2023
Network Capital Funding is a good company. I like the way they approached the situation. They explained the various steps that were gonna happen all the way to the end. The gal that I was talking to was very down to earth. I could understand what she was talking about. However, I was surprised at how long it took to sign the papers. It was quite a stack and the notary had to supervise the whole thing. It was a lot more involved than I ever expected. That was the longest step of the whole process.
The minimum amount of the loan was 100,000 which was a lot more than what we needed. I asked, "Can we decide how much we wanna keep and get the loan re-amortized to lower the monthly payment?" They said yes but it would take about three months. But that process takes six months instead of three months. Now, we have to wait a little bit before we can proceed.
Reviewed June 27, 2023
The process took 3 months. We had a lot of liens against our property which were holding us back. We had to fix them. The only thing we didn't care for when we did the loan was we never had the same person dealing with us. We had three different people. It went through three different processing which we thought that was strange. But ultimately, we got the loan. They said, "When the prices go down, you can refinance then," which is cool. I would recommend Network Capital.
Reviewed May 24, 2023
I did a refi thing with Network Capital recently and the process worked pretty quickly. So far, I have dealt with them twice. I did one last year, then they contacted me to do a refi because the rates dropped. The two mortgages were six months apart and the reps I dealt with seemed confident.
Reviewed May 4, 2023
When Network Capital was working with me and my question, it went pretty well. The door of communications was open, but sometimes, the response time was slow. We started in November and we closed about six weeks ago. We kept running into little hurdles. We overcame those hurdles but then, they denied me and told me that there was some law that said I couldn't do anything until June, which hadn't happened yet. I kept asking for some clause or statute that they were referring to, but I never got that. What I did get is a new offer. So that was very confusing. After that point, I was just tired of dealing with it. I needed to refi, so I did.
Amanda was my initial contact. Then Andrew came on after Amanda and I had some conflict. She was on the phone with somebody, and she kept pushing for information. I told her, "Amanda, the lady told you she didn't have the information. Why you keep doing this?" It was with a company called CLM 45 that I had an outstanding loan with, and we were trying to get a payoff. The young lady we were talking to didn't have any more information. But Amanda kept pushing her to get something done. The lady kept saying, "There's nothing I can do." But Amanda kept being pushy. So I felt uncomfortable. But Network Capital doesn't have my loan anymore. They sold it.
Reviewed April 19, 2023
The effort and communication for Serafin was great. He was available throughout the process to give us updates or look into our case. The processor was good at explaining the details to us the new home buyers. But communication could have been better.
Reviewed April 18, 2023
If I would always have Daniel ** to get me through a refinance, I would probably refinance every year. His ability to stay calm when I got frustrated and was ready to throw my hands up in the air, helped me through this. He was always there when I came up with questions and was able to help me work through any problems.
Reviewed April 10, 2023
They did an Amazing job going through my refinance. It was tough at times but they did everything they said they would do. Great People. They went above and beyond to make everything work out and did everything on time.
Reviewed April 6, 2023
It was quick with Network Capital Funding. The person that I was working with was very friendly. They helped me a lot with the process. The information was clear. All the times that I had a doubt or a question, I called them, and they always answered. In case that they didn't respond, they'd call me back in a very short time.
Reviewed April 5, 2023
My husband is a veteran, and Network Capital helped us refinance our VA loan a few years ago. They have done it a couple of times. We've used them recently for a new home loan. It was a very good experience. Everyone was on it. The process took a couple of weeks. It was a speed demon. Everything went well. The rate was competitive and good. We would advise others to use Network Capital. Justin and Kernisia were both awesome. They were the ones that we had most contact with.
Reviewed March 31, 2023
I don't write reviews often, but Rosie's assistance throughout the home-buying process was something that I could not go forward without highlighting. I had already started the loan application process with another mortgage company for about a month and was about to sign a letter of intent to proceed forward, but a family member of mine had asked if I had reached out to Network Capital. I had not because I had reached out in the past for previous mortgages over the last couple years and Network Capital just wasn't able to provide the best terms. I thought this would be a similar instance.
Rosie ** answered the phone, and was able to not only match the other company's interest rate, but offer a lower rate and better terms within about an hour. During the underwriting process, Sarah ** was extremely kind and was on top of things every step of the way which helped us close quicker than what we were used to. We appreciated the professionalism displayed by both Rosie and Sarah versus the previous mortgage company we were working with whose representative gave us "used car salesman" vibes, which we strongly disliked. Thank you for helping us get our beautiful house Rosie and Sarah!
Reviewed March 29, 2023
Danial ** was very helpful and knew his job. He was a great asset to me helping with the whole process of this refinance. He kept me informed all the way thru and helped me understand what was going on. I greatly appreciate the way he worked.
Reviewed March 24, 2023
I worked with Marcus at Network Capital and he was a great guy. But the closing day was a nightmare for us. Every time they asked for a document, I'd send it to the underwriter and they reviewed it. I did everything the underwriter told us to do and I sent all the documents he needed. They even set the closing date for January 10. Everything was perfect, until the last minute.
The underwriter asked us for more documents on the closing day. If he needed the documents, he should have told me earlier, not on that day. Or he could have postponed the closing day on a future date and I would have been fine with that. But everything was scheduled for that day. My agent, the seller's agent, and the closing company, were all ready on that day. We even went to the bank on closing day to get the documents for the underwriter and the time was ticking. We ran to the bank, to my wife's bank, and to the TD bank. When all was set, we gave all the documents and they were still reviewing them for a long time on the closing day. We called the manager of Capital One and we put her on the phone for a long time, then finally, they sent us the closing documents and we were able to close the loan. We scheduled to close at 1 o'clock at that day but we actually closed at 8:00 PM.
Reviewed March 21, 2023
I inherited a house that had a mortgage and it went into an estate and the old mortgage company was giving me problems. After the third mortgage company, Network Capital jumped in overseeing everything and just helped me right through the whole process. I actually tried a couple of other lenders and found that the customer service was just so bad. Also, their interest rate was outrageous and they kept pushing for wanting more money than what I actually needed. Network Capital, on the other hand, was awesome. They understood my situation, they had my back all the way, they always communicated, and they let me know the process. It was really nice and the process was 35 days, which wasn't bad. Their reps were also awesome people and the rate was very fair.
I highly recommend Network Capital to anybody. As a matter of fact, my daughter and her soon-to-be husband are getting ready to sell their old house and they're gonna want refinancing. I gave them my guy's number and said, "Don't go to anybody else. They'll work with you. They'll tell you what you need. They'll walk you step-by-step." They are very heartwarming, caring, and professional people.
Reviewed March 19, 2023
Working with Network Capital was amazing. The whole process was so easy and simple. My husband said we got a really good rate. It was a really great experience.
Reviewed March 6, 2023
I was leery about refinancing but the rep assured me saying, "You know what? Your credit is really good. You guys got a lot of equity in your house and I am very sure that's gonna go through." I said, "Okay. The thing is, I'm gonna give you $800 for a appraisal and I hope we're not gonna get burnt on this." He reassured me saying, "Well, you know what? If it doesn't go through, we could do other things to make sure it will go through." He always reached out to me and anytime I called him, he would call me right back.
A rep named Sang came on board and he did the processing. He reached out to me and was good being a support group. I have a manufactured home and they needed to get a tag for my house. I couldn't find it so I had to call Arizona. I got a hold of the lady there but she never reached back out to get the tag. Sang said he would take care of it. He called me, "I got ahold of them. I took care of it. We got a new tag on it. So, you guys are ready to go." But Sang moved to another place and they put another lady in charge. She was really good as well. The refinance went through and my experience with them was really good.
Reviewed March 4, 2023
I'm very happy with Network Capital. Eddie of the Mortgage Banker was phenomenal. Alexa was also pretty good, although she is not good with responsiveness or replies. But all in all, they did a great job and got the loan done.
Reviewed March 4, 2023
I worked with John and he was an outstanding guy. He was very truthful and friendly. But he no longer works at Network Capital. Then I had to work with other reps and they were upstanding in their offers and stood by what they said. The application process was fairly easy. They sent me everything that they needed for me and I responded and it seemed to work smoothly. But Network Capital sold my mortgage to another company. So I'm no longer gonna be with them as of March the 1st.
Reviewed March 4, 2023
The reps from Network Capital were very professional. I like people who can do their jobs like it's nothing, because that's what you do. They did what they said they would and when they said they would get it done. They stood up to the appraiser and the underwriters over a mistake in appraisal. I've never met anybody, so far, ever before that would do that. And those people are worth knowing. They weren't successful with that appraiser but when I called the VA, they were successful in making that appraiser do what they were supposed to do. The rate was a little high, but not to me, because the rates had gone up. I come from the age where people were paying 12% for mortgages at one time and 7% was not at all uncommon from most of my lifetime. The price of mortgages in the past few years has been unbelievable. I'm still waiting for the other shoe to drop on that one.
People should go with Network Capital. I like the way they do their job. I would've probably paid a very similar cost for my mortgage anywhere else, because right now, I'm having a bad credit period, and not of my doing. I had some identity theft, which caused me some serious problems, mainly with my credit score with a USAA Bank. It's not been a pretty situation, so I would not have gotten a better interest rate anywhere else. Network Capital does a good job and don't mess around. If they run into a delay, you'll know exactly what the problem was and why, because it's usually not them. They're right on top of things.
Reviewed March 3, 2023
I have lots of problems with the bank that had my previous mortgage. They let somebody steal another property of mine. It was mortgage fraud. Network Capital Funding worked with me really well. I got one of the government loans because I ended up, from that other bank, going through a bankruptcy that I shouldn't have had to go through. I had some phone conversations with Network Capital about my financial situation, and then I was contacted by a representative who took more of the specific numbers.
They gave me some quotes on what they could do for me. I had to submit documents of all types. They were reviewed by their underwriters. Then I got some disclosure forms on it, but towards the end, I didn't like that I didn't find out until later on that they would transfer me out to another lender. It still went through, and they had somebody come here and do the paperwork with me. I got the payout and the satisfactions on some of the other loans that I had and checks to pay those off.
The loan officer was phenomenal, and she was easy to reach. She was knowledgeable, and she was very caring and extremely patient. The closing costs are really high. They said that these government loans were supposed to make it an equal opportunity for everybody, even if they had compromised interest to be able to take advantage of low interest rates, and that's not so because I think we pay much higher closing costs to get the same loan. Then there was a lot of interference with my past banks. They blocked getting my lending. There were a lot of additional people that were causing blockages and sabotaging my loan.
Reviewed March 2, 2023
They're a good company. This is the second closing they have done for me. Communication was good. The mortgage process seems easy. Their rates are good too. I also like the quickness of getting a loan closed.
Reviewed March 2, 2023
I had a complicated credit history and Network Capital Funding was willing to work with me on that to try to get letters and try to work with my creditors to get my credit issues ironed out. I was looking into lower finance rates. I've been at a 8% and they brought it down to about 5.5. I went with the FHA refinance. They got a checklist of things that you email or upload to them to qualify you. They send you a loan estimate document and it's got the interest rate and terms. Then, you go through a Docusign to agree to that, and then it goes through an underwriting process.
I had to get on the phone with Experian and authorize them to some things with Experian. I had to write a letter to explain some kind of credit issue, how it was resolved and then, once that process was done, they set up an appraisal with the FHA appraiser. I did the appraisal and they did a final loan acceptance document, and then they sent over a notary that my wife and I signed with hand ink. Both the officer and the underwriting agent were very interactive on the phone and email with me. They never let more than a couple of hours go by without ever responding. So, it's pretty good customer service.
Reviewed March 1, 2023
The mortgage process with them went very well. The gentleman my late husband told me to call before he passed away did a fantastic job. The communication was very good. He did a bit of work as I didn't know how to use a computer. He had very good staff and he was very patient with me. I will refer as many people as I can to them.
Reviewed Feb. 22, 2023
I would recommend Network Capital Funding Corporation. Their rates were better than anybody else. Also, the process was quick and easy. Everybody was friendly and on the ball.
Reviewed Feb. 19, 2023
I got a call from one of Network Capital's guys and he went over some options. I wasn't ready then but I thought about it and a couple of months later, I called the guy back. He was no longer there so I talked to another rep and she was good. I liked her. The process went responsively and there were all of the required documents. The rep was kind and she helped walk me through everything, explain all of the legal stuff that need to be explained, and if there was anything I needed. I love Network Capital. The process took about three weeks. With the rate and terns, I got a six point something. I'm not worried about it. It will work itself out later on. Network Capital is really fair and honest. They help you and they communicate if you're confused about anything. They paid for my car.
Reviewed Feb. 19, 2023
There were no hassles with the application process with Network Capital. The reps did what they were supposed to do and got back with me, and stayed in touch. It was excellent. I worked with three reps and all of them were good. Daniel and Sam both impressed me. They were nice and made me understand stuff that I didn't understand. I am not used to going in my phone doing stuff but they stayed on the line with me and taught me how to do that. They were helpful.
Reviewed Feb. 16, 2023
Network Capital was able to satisfy my needs. I was looking for something to get me out of a conventional loan into a VA loan and still be able to do the refinance, and they had a package that was offered that suited that need. From the first contact to the closing was less than 45 days. They had a great team. I only had to deal with three people the entire time. The first person that I made contact with made sure to keep following up with me. “Hey, did this person help you? Now that you're in this next stage, did they help you to get to the next stage?” He's even followed up with me a couple of times since we've been closed. “Hey, have you had any problems? Did you get your payment book in the mail? Have you set up all your payments all right? Is everything going good? Any problems with the website?” So, they've been really good.
The way the piece works is Network Capital does the initial thing. Even though my loan was sold off, he still stayed in touch with me to make sure things were going well. As far as the rates, they came in under all the market, so that was good. I can't say that I'm happy because my previous one was much lower but I was in a spot where I had to refinance, and they were able to beat the current market by over a point. So, that was a good thing for me.
Reviewed Feb. 16, 2023
They were very attentive and friendly. They consistently responded to any emails that I would send or reach out in reference to it so that I could get a better understanding. They were very good at holding your hand and walking you through everything. The process went pretty quickly. I signed my closing papers before the end of the year and everything was funded within a couple of weeks. It was definitely an easy experience.
Reviewed Feb. 16, 2023
Network Capital Funding did good to me. They're very understanding and they speak my language, too. I would recommend them. They're a great company.
Reviewed Feb. 16, 2023
The people from Network Capital Funding were friendly and helpful, and it was easy to go through the process, too. I had gone through refinancing before and it was a pain. I feel like this wasn't as terrible. The things that they asked for were more easily available to me and I could just get them over to them quickly. The rate was good. I talked to a different company and they were a little higher than the one that I received from Network Capital Funding. I did get some kind of notice that said that my mortgage was sold. I don't even have anything yet that says what I'm paying for my mortgage.
Network Capital Company Information
- Company Name:
- Network Capital
- Company Type:
- Private
- Year Founded:
- 2002
- Formerly Named:
- Network Capital Funding Corporation
- Address:
- 7700 Irvine Center Drive, 3rd Floor
- City:
- Irvine
- State/Province:
- CA
- Postal Code:
- 92618
- Country:
- United States
- Fax:
- 8667596008
- Website:
- www.networkcapital.com
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