Valon Mortgage Reviews

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Edited by: Ashley Eneriz

About Valon Mortgage

Valon Mortgage, formerly known as Peach Street, is a mortgage lender and servicer, as well as an insurance provider. Homebuyers can apply online for a mortgage preapproval in less than 15 minutes and close on their home in as little as 15 days.

Pros
  • Closings may take as little as 15 days
  • Services most of its loans
  • Fast online mortgage application
Cons
  • Doesn’t list rates online
  • Loans generally require 10% to 20% down payment
  • No prequalification option

Our editor’s take

Valon Mortgage claims closing on a home can take as little as 15 days. People who don’t want to be passed off to an unknown mortgage servicer once their loan closes will also appreciate that Valon Mortgage typically doesn’t sell its loans. That means you’ll likely only work with one company for the life of your loan.

However, homebuyers who might prefer working with a long-established company might feel uneasy with Valon Mortgage, since it’s only been around since 2019. Also, buyers looking to make a small down payment might not find many options with Valon. It generally requires at least 10% down for its loans and doesn’t offer many government-backed loans. It only offers Federal Housing Administration (FHA) loans, so it doesn’t offer U.S. Department of Veterans Affairs (VA) loans or U.S. Department of Agriculture (USDA) loans.

How does Valon Mortgage work?

You can fill out Valon’s online application for a loan, or you can call or email Valon to get started. Valon’s lenders will do a hard credit pull, which will temporarily impact your credit score. It doesn’t offer prequalification.

From there, someone from its lending team will contact you about the best loan for your needs and your preapproval. Once a seller accepts your offer, Valon claims it can close on your mortgage in as little as 15 days.

In most cases, Valon will also be your loan servicer, so you’ll continue to work with the company for as long as you have the loan. Its online portal will track your mortgage’s progress and manage your payments.

» MORE: How to apply for a mortgage

Valon Mortgage products and services

Valon Mortgage offers standard mortgage products like conventional loans, jumbo loans and FHA loans. If you’re refinancing, your options include cash-out refinancing, home equity loans and home equity lines of credit (HELOCs).

Besides home loans, Valon sells home insurance, auto insurance and specialty insurance such as coverage for floods, earthquakes, pools, landscaping, jewelry, collectibles, artwork, Airbnbs, home-based businesses and other special situations.

Conventional loans

Valon usually requires borrowers to put a 10% to 20% down payment on a home to be eligible for its conventional loan. It offers both fixed- and adjustable-rate mortgages (ARMs).

Jumbo loans

Valon’s jumbo loans come with fixed or adjustable rates.

FHA loans

FHA loans are designed for low-to-moderate-income homebuyers purchasing a primary residence.

Valon Mortgage rates

Valon doesn’t disclose its mortgage rates online. It only states that your rate depends on factors like your:

  • Loan type
  • Credit score
  • Down payment amount
  • Loan amount
  • Property value
  • Intended use of property

» MORE: Current mortgage rates — check today’s rates

Valon Mortgage fees

Valon doesn’t disclose all of its fees for its loan products. However, it posts its mortgage servicing fees, so you know the fees you might need to pay throughout your loan term. Valon doesn’t charge to cancel your escrow or generate a payoff statement, but some of the fees it may charge are outlined in the table below.

How does Valon Mortgage compare?

Valon Mortgage offers similar purchase and refinance options as other lenders, but it’s available in fewer states. Here’s how it compares with other mortgage lenders.

FAQ

How long has Valon Mortgage been in business?

Valon Mortgage has been in business since 2019.

Where is Valon Mortgage available?

Valon Mortgage is licensed in all 50 states, according to its website. However, it states that it doesn’t offer mortgages for residential properties in Hawaii, Nevada, New York and Utah. Its other home loan products vary by state. For instance, its home equity products are only available in 36 states.

What are the benefits of using Valon Mortgage?

Some of the benefits of using Valon Mortgage include its online application and quick closing process. It also services most of its loans, and it discloses many of its mortgage servicing fees online, which is uncommon among lenders.

Still have questions?

Is Valon Mortgage legit?

Valon Mortgage is a legitimate mortgage lender that’s licensed with the Nationwide Multistate Licensing System (NMLS). It’s headquartered in New York.

Shop with confidence

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Valon Mortgage Reviews

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    How do I know I can trust these reviews about Valon Mortgage?
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    Page 1 Reviews 0 - 10
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    Reviewed May 28, 2026

    Pathetic excuse for a company. I've had them less than a month and they are making me jump through so many hoops no other company has made me do. They take zero responsibility for anything. I'm very frustrated I have no choice in who my mortgage is sold to.

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    Customer ServicePunctuality & SpeedBilling

    Reviewed May 28, 2026

    First, when transferring the mortgage, they didn't let me know until 2 days before the payment was due, just glad I was home to change who was getting paid. Second, they transferred the mortgage on 4/18 but couldn't even get info online until after the payment would have gotten a late fee. Third, as of today 5/28, my escrow balance is still incorrect yet when I looked last they said on there website that it wouldn't be later than 5/22. Fourth, when sending them an email about the escrow, they won't get back to you for 5-7 business days.

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      Customer ServicePunctuality & SpeedBillingRates

      Reviewed May 27, 2026

      Valon Mortgage company acquired our mortgage in Feb/March 2026. My account is auto pay, yet I have had to call twice a month to figure out why my payments aren't being taken out. I get late notices and threats to my credit rating. I'm so frustrated and disappointed that I have had to go through this each month. Every time they tell me it's fixed and it's not. If it was possible to just switch mortgage companies, I'd be gone.

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      Customer ServicePricePunctuality & SpeedStaffBilling

      Reviewed May 26, 2026

      Valon Mortgage Inc. has been Okay with my mortgage payment until when I received a late payment notice dated March 1st. I didn't understand the reason for the late payment mail because, I have an Auto Pay. The Charges went $2667.76 to $5335.76 on April 1st. On April 4th, I called Valon Mortgage Inc customer service and spoke with Mariah ** and the charges went from $5335.52 to $1288.69. On May 1st I received another bill for $8003.28 after my conversation with the customer service. On May 6th I went to my bank and get an official check for $1288.69 and mailed it to Valon Mortgage In. May 20th I received another no Mortgage payment letter for $8003.28. My next step is to get a lawyer for extortion and harassment. Thank you.

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      StaffBillingLoan Process

      Reviewed May 13, 2026

      Valon sold my loan to Amerihome after I made 1 payment. The payment was made to Valon in March and Amerihome has yet to credit me for that payment. I've had many mortgages in the past but this has been the absolute worst experience by far. I don't understand why they would sell the loan after 1 payment and why they cannot help me getting this resolved with Amerihome.

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      Customer ServiceContract & TermsCoveragePrice

      Reviewed May 5, 2026

      If I could do a zero I would. My mortgage was sent to this company without my knowledge or approval. They have the WORST customer service and procedures. They have screwed up my insurance and caused a delay. Now, they are requesting my policy from the previous year and until it is provided, they "bought" a policy for me for over $5k. Yes, I currently have insurance but they want previous insurance and until they see that, they are charging me for it. Makes no sense and completely ridiculous! If I could leave I would, run, do not use them if you have the choice!

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      Customer ServiceCoverageBillingLoan Process

      Reviewed April 27, 2026

      Valon took over my loan from Lakeside. The transition has been horrible. Have been flooded with emails saying they haven't rec'd payment and they don't have insurance documents.

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      Customer ServiceCoverageRefunds & Payouts

      Reviewed April 20, 2026

      Worst mortgage lender: I was 65 and mortgage was forced transferring to it. I already paid the whole year's property insurance $1300 to Geico for 2025-11 to 2026-11 but Valon forced a fraud extra insurance of $3100 with a coit company, and did not refund after both my insurance company and I sent them the paid insurance coverage two weeks ago! Many emails and calls wasted so much time, condemned and preparing for lawsuit!

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      Customer ServiceOnline & AppStaffLoan ProcessCommunication

      Reviewed March 31, 2026

      I am 60 years old and this was the absolute worst mortgage experience I have ever had. Our loan officer gave us misinformation about what documents to supply and if the documents were not what was needed we never got a notification from the loan officer Robert. We would then call to check and the loan officer wouldn’t return phone calls. We would have to call the valon 800 number to get answers. And when they didn’t have all the information they wouldn’t notify us either. We would find out when we called them. Secondly my husband was asked to provide a social security number over email. And the Valon online application asks for your bank account user names and passwords. They stated that this was a common practice to expedite the loan process.

      That being said we were told with our credit we would have the funds in our account within 5 days. Here we are at 26 days - no final approval. And the loan app times out after 30 days and we have to start over again. This stems from misinformation on the loan officer’s part of what information needed to be provided but also a lack of communication from Valon when they didn’t have the correct information. We had to call every time to find this out.

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      Customer ServiceRates

      Reviewed March 29, 2026

      My mortgage was sold to them and it's been nothing but problems ever since. Poor customer service and lack of execution on their promises. As soon as rates drop, I will certainly be refinancing.

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      Valon Mortgage Company Information

      Company Name:
      Valon Mortgage
      Website:
      valon.com