Top Flite Financial Reviews

Top Flite Financial was established in 2002 and provides home loan services to borrowers in 40 states plus the District of Columbia. The company is an approved Fannie Mae Direct mortgage lender, a “Full Eagle” FHA lender that can process FHA loans from origination to closing, a VA automatic lender that can close on VA loans without getting agency approval and USDA USDA-approved lender.

Top Flite Financial can also provide conventional loans and refinance options including home equity loans, and can serve nontraditional buyers with its nonqualified mortgage programs (non-QM).

To apply for a loan with Top Flite Financial, customers need to create an account through the company’s Hole N1 Mortgage app, its web portal or visit a physical branch. After you submit your initial application, you’ll be contacted by a senior loan officer to begin the prequalification process.

Through the app, you can submit your personal information, upload financial documents and track your entire loan process. If preapproved, you can print a preapproval letter directly from the app. The company states that loans can close in as little as 10 days to two weeks.

Top Flite Financial offers a full suite of loan programs, including:

• Conventional: Also called conforming loans since they conform to the requirements of Fannie Mae and Freddie Mac, two of the largest loan guarantors in the country.
• Government-backed: Government-backed mortgages provide more lenient requirements for certain borrowers and include loans backed by the U.S. Department of Veterans Affairs (VA), the Federal Housing Administration (FHA) and the U.S. Department of Agriculture (USDA).
• Jumbo and super jumbo: Non-conforming mortgages that exceed the loan amount guaranteed by Fannie Mae and Freddie Mac ($806,500 as of 2025). Top Flite Financial issues jumbo loans up to $3.5 million.
• Non-qualified mortgage programs (Non-QM): Loans for non-traditional borrowers like those with past credit issues or self-employed individuals.
• Refinance: Loans for existing homeowners that include cash-out, home equity and Home Affordable Refinance Program (HARP).
• FHA 203k: A mortgage and renovation loan in one backed by the FHA.
• Reverse mortgages: Home Equity Conversion Mortgages (HECM) are backed by the FHA and allow older homeowners to capitalize on the equity in their homes without making payments to the lender.

Top Flite Financial does not list its rates online. The best way to find out your rate is to create an account through the Hole N1 Mortgage app or call the company directly.

Rates are dependent on the type of loan you’re seeking, your credit score, your financial history and the federal funds rate. The company provides free, 30-day rate locks for approved borrowers.

Financial requirements vary by loan type. Below are the requirements for some of the more popular loan types:

• Conventional: Minimum credit score of 620. If the down payment is less than 20%, you may be required to buy private mortgage insurance (PMI).
• FHA: Borrowers with a credit score of at least 580 qualify for a 3.5% down payment, and those with a score of at least 500 qualify for a 10% down payment.
• VA: Loans for active duty service members, veterans or surviving spouses who haven’t remarried. Available to borrowers with low credit scores with 0% down payment options.
• Jumbo: Allows a 10% down payment with no requirement to purchase PMI.
• Reverse: Must be at least 62 years old and live in your home as a primary residence.

Although Top Flite doesn’t publish its fees, borrowers can expect to pay typical closing costs, which can include fees like origination, appraisal, recording, title insurance and escrow.

In some cases, homebuyers may be able to negotiate that the seller pays some or all of these. There may be additional fees if the borrower chooses to buy down their interest rate (known as paying discount points).