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Vanderbilt Mortgage Reviews

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Edited by: Liz Bingler

About Vanderbilt Mortgage

Vanderbilt Mortgage and Finance (NMLS #1561) is a national housing lender that operates under the umbrella of Berkshire Hathaway. It specializes in financing new and used manufactured, mobile and modular homes. Vanderbilt states it originates loans in 47 states and Washington, D.C., though new homes can only be purchased in 33 states.

Visit www.vmf.com
Pros
  • Loans for new and used manufactured and modular homes
  • Accommodates borrowers with lower credit scores
  • Numerous payment options
Cons
  • Not transparent about rates or fees
  • No refinance loans
  • New home loans only available in 33 states

Vanderbilt Mortgage Reviews

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    How do I know I can trust these reviews about Vanderbilt Mortgage?
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    Page 2 Reviews 40 - 80
    Verified purchase
    Customer ServiceStaff

    Reviewed May 24, 2023

    Vanderbilt Mortgage reps stayed in touch. If I called them, they never answered. But if I left them a voice mail, they returned my call within 45 minutes. I'd refer others to them.

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    Verified purchase
    Customer ServiceStaffLoan ProcessTransparency

    Reviewed May 24, 2023

    They were helpful with keeping us up to date. They worked with us and called us. We were pleased with them. We recommend them cause it's not the first time we've been with them. The first home we had was with them and I just hope that this time, they keep it instead. Our first loan got sold to six different companies before we got it done.

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    Verified purchase
    Staff

    Reviewed May 24, 2023

    Vanderbilt was great. Their rep was very nice and she explained everything in the paperwork very clearly in layman's terms. The process took hours but it didn't take that long.

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    Verified purchase
    Loan Process

    Reviewed May 24, 2023

    I'd recommend Vanderbilt. Working with them was easy, and the loan process went good. Everything was fine.

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    Verified purchase
    Customer ServiceSales & MarketingStaff

    Reviewed May 13, 2023

    Everything went smoothly with Vanderbilt Mortgage. I did the paperwork and they approved. They kept calling me to see if I was ready. And they answered any question I asked. They were very professional. I enjoyed doing business with them.

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    Verified purchase
    Customer ServicePunctuality & SpeedStaffBillingRates

    Reviewed May 12, 2023

    Working with Vanderbilt was excellent and we were very comfortable. The process was very simple. We filled out the application online and they called us. We were approved and we went from there. We only talked to the reps a few times and they were very polite and nice. The process took a little while because we had to wait on our son to get their down payment for the trailers. The rate is a little high. But we were told it would be on a second mortgage. Overall, Vanderbilt was nice. They were polite and answered any questions and problems we had.

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    Verified purchase
    Customer ServicePunctuality & Speed

    Reviewed May 12, 2023

    My experience with Vanderbilt was very good. It was quick, and it was easy to communicate with them. Whenever I'd call them, I was able to speak to someone right away, which is really good.

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    Verified purchase
    Sales & MarketingStaff

    Reviewed April 27, 2023

    In the beginning, my experience was rough. It has been a long process. We're not even in our home yet. There was a lot of miscommunication. They would tell the home seller one thing, and my sales representative and I had to figure it out. At one point, they had to go really high up in Vanderbilt just to try to get answers. It was really confusing for us all. But towards the end, they got better. Once we got to the right people, everything was great. They're definitely a good company. Overall, it's been a good experience with Vanderbilt.

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    Verified purchase
    Staff

    Reviewed April 22, 2023

    Vanderbilt Mortgage was great. They had the mortgage done quicker than what they said they were gonna have it done. We are very happy with it. No matter what I needed, the rep was always there to answer my questions.

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    Verified purchase
    Punctuality & Speed

    Reviewed April 20, 2023

    My experience with Vanderbilt was short and quick. The only thing I did was fill out a piece of paper. I would recommend Vanderbilt.

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    Verified purchase

    Reviewed April 20, 2023

    Our Vanderbilt experience was good for the time that we did all our paperwork. From application to approval, it didn't take no time. The process was pretty smooth. The guy that represented Vanderbilt is a nice guy, made us feel welcome and he answered all our questions that we had for them. I questioned everything he told us about the company. It was good. I'd tell others that Vanderbilt would be the wise choice place. They do a good job.

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    Verified purchase
    Customer ServiceCoverageTechSales & MarketingPunctuality & SpeedStaff

    Reviewed April 20, 2023

    The process was really easy and it went really fast. It only took three weeks. My fiance and I had some crappy credit going on but they worked with us. Also, everybody at Vanderbilt communicates very well. When we stayed the first night, it stormed and we realized we had a roof leak. I reached out to the agent who showed us the house and she said to call customer service. They came out, assessed the damage and what was going on with the roof, and fixed it that day. They also handled our sliding door. We had to wait a week or so for the new sliding door to come in ad they took the old one out and installed the new one. It's beautiful and it's perfect.

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    Verified purchase
    Staff

    Reviewed April 20, 2023

    Vanderbilt is easy to work with. I knew we were getting the house through, so I didn't have to worry too much. Vanderbilt took care of a lot of it for me. I like the guy that we were working with. He was good. The home is bigger than the old house that we lived in and a lot nicer than the one that we had at the time. The bigger kitchen is my favorite feature.

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    Verified purchase
    Customer ServicePunctuality & SpeedStaffLoan Process

    Reviewed April 20, 2023

    The home loan process at Vanderbilt was really easy and quick. The rep was fabulous to work with. I was a first-time home buyer and she made everything very simple and I was really pleased. They were fantastic to work with. They were always right on top of anything. If I ever had a question, all I had to do was call, and there was always somebody there that could answer my question. I would definitely recommend them.

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    Verified purchase
    Punctuality & SpeedTransparency

    Reviewed April 20, 2023

    The process was very quick. They kept us up to date. Everything was simple. They let us know exactly what we needed. It was a great experience.

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    Verified purchase
    StaffFollow-Through

    Reviewed April 11, 2023

    Vanderbilt was helpful. Any questions I had, they had the answers. They gave us the information that we needed, and we weren't alone through the process. They follow through. I would deal with them again.

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    Verified purchase
    Punctuality & SpeedStaff

    Reviewed April 10, 2023

    Contacting Vanderbilt during the process was pretty easy. If I had questions, they were pretty fast on it and if we need help on something that we don't understand, they would walk us through it. So far, everything has gone great.

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    Verified purchase
    Customer ServiceSales & MarketingPunctuality & SpeedStaff

    Reviewed April 10, 2023

    We mostly worked with Rebecca. She was extremely helpful. We had went through the process with two other people. With the one right before we got in touch with Vanderbilt, we were a week from closing, and they told us that something had changed. They weren't able to work with us, and we needed to put $12,000 down instead of 3,000. We got in touch with Vanderbilt, and Rebecca helped us along. She kept us on track and made sure we had numbers right away and that those were accurate numbers instead of leading us along the whole time. We appreciated her help. She was quick about everything.

    The process worked quickly and was easy to go through. Luckily, we had most of the paperwork ready, so that made it simple. They seemed to respect our time. My husband had had an accident where he was out of work for a while, and they were trying their best when they found out. They were gonna try to get us in the original date that we were supposed to or a week behind. It ended up taking three weeks but they let us know that and were able to contact the seller to make sure that she wasn't gonna bail out on the sale. They always kept everyone in the loop so it went smoothly. The one guy that we had worked with from the company was rude and made us feel stupid a few times. Vanderbilt never made us feel like that. They were always kind and very helpful.

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    Verified purchase
    Customer ServicePunctuality & SpeedStaff

    Reviewed April 9, 2023

    I've done my application with Vanderbilt over the phone and they were excellent. I liked how quick their responses were and everything was really good. Our communication was mostly done by emails and as soon as I would hit an email to them, within 30 minutes or so, I would look back and there'd be something in there that I needed. I've recommended somebody to them.

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    Verified purchase
    Loan Process

    Reviewed April 9, 2023

    I had an easy experience with Vanderbilt. They were very good. We went to a place to get a trailer and they had the loan all set up for us.

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    Verified purchase
    Customer ServicePriceStaffLoan ProcessRatesTransparency

    Reviewed April 7, 2023

    We went to Vanderbilt and told the rep we were looking for a four-bedroom, two-bath. She said okay and told me the price range. The home loan process was a little long but it was good. They did everything they could. Vanderbilt is great. They call you and give you a daily update on everything.

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    Verified purchase
    Loan Process

    Reviewed April 6, 2023

    Vanderbilt was super easy to work with. The home loan process was super smooth, and the lady that set up everything for me was very nice.

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    Verified purchase
    Customer ServicePunctuality & SpeedLoan Process

    Reviewed April 5, 2023

    Communicating with Vanderbilt during the loan process was fairly decent although the one guy that I worked with was hard to get ahold of. Sometimes it took a day or so for him to call back. That aside, customer service was pretty good. If I had any questions, they would get back to me fairly quickly. On the whole, the process was pretty easy and it didn't seem to be too aggravating. Go ahead with Vanderbilt. They worked out pretty well.

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    Verified purchase
    Customer ServiceStaffTransparency

    Reviewed March 28, 2023

    Vanderbilt communicated well with everything that they've done and kept me up to date with everything. Communication was easy, and the rep was friendly.

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    Verified purchase
    StaffBilling

    Reviewed March 27, 2023

    Everything was great. They made everything go smoothly. If I ever reached out, they always answered. But I wish the saleslady pushed me more to buy the home she showed me that was a little over budget. Other than that, she wasn't pushy at all and she was just trying to make sure I was comfortable with what I was purchasing.

    Selecting our home was a bit more frustrating and the building process took longer than I was informed of. The timelines didn't match up. I went with a three bed, two bath home. I love the little flex area which is an office with a sliding glass door. I'm gonna put a coffee bar in it. Vanderbilt has been amazing. It took a little bit longer to build the house and get it delivered. But they continued to reach out to ask how everything was going. Plus, they pushed back my first monthly payment because everything was taking longer than expected. That was cool beans of them to do that for me. There are still things that they need to come and fix with the home but that's as expected.

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    Verified purchase

    Reviewed March 26, 2023

    If anybody wants to buy a home, buy it through Vanderbilt Mortgage because they work hard to get you in a home. Miss Summer, her boss and whoever else worked hard for us and got us in our home quicker than I would imagine. I'm blessed to have people like that in my life. I didn't think we would get it because our credit is not that good. So, I enjoy it. It was one of the easiest mortgages I've done. Anybody who asked me, I sent them Vanderbilt's way.

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    Verified purchase
    Customer ServiceLoan Process

    Reviewed March 25, 2023

    I went online, applied for the loan, and gave Vanderbilt my work history. My wife was going on a loan with me and she's a nurse, so she worked for two different places in the last few years and that was a little more difficult because we had to get all her background information. Then, when you ask questions online, sometimes it took a while to get an answer back and the communication sometimes was difficult. But other than that, it was a pretty simple process.

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    Verified purchase
    Staff

    Reviewed March 25, 2023

    The rep I worked with at Vanderbilt did good and told me everything I need to know.

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    Verified purchase
    Staff

    Reviewed March 25, 2023

    I thought the process was gonna be hard but it wasn't and I was impressed with the way their rep, Jason, treated us. He was really good.

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    Verified purchase

    Reviewed March 25, 2023

    I worked with Jacob and he was very available and really good at explaining certain aspects and what needed to be done. I was happy with the process, although the end result was questionable. I would advise others to use Vanderbilt.

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    Verified purchase
    Customer ServicePunctuality & SpeedRefunds & PayoutsStaff

    Reviewed March 25, 2023

    The experience with Vanderbilt was nothing too crazy. It was a typical home mortgage and the only problem I had was that they set a date for the mortgage to start and I haven't even moved in yet. I'm still waiting on the county permits and I can't even live in the house and I gotta pay for it. I spoke to the reps from Vanderbilt and they said they set the date up far enough. I asked if I can change it again if we’re not moved in yet and they said the first ones stuck. So, to give them a call if I haven’t moved in yet. Vanderbilt should wait until you get a certificate of occupancy by the county before they decide to schedule a due date.

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    Verified purchase
    Staff

    Reviewed March 25, 2023

    Communicating with Vanderbilt verbally was very easy but I had some problems putting information in their web portal when they were needing information sent via that. Also, I'm old and retired. So, a lot of the stuff that they were wanting was hard to come up with on my part. I haven't worked in probably about 11 years. But overall, it was a good experience. Everybody was very friendly, willing to work and make the process easy for me.

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    Verified purchase
    Coverage

    Reviewed March 16, 2023

    When they set me up for my insurance on there, we already got an insurance company to go through and they switched us up without letting us know. I wouldn’t recommend them.

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    Verified purchase
    Loan Process

    Reviewed March 15, 2023

    Vanderbilt is a terrific company. It was easy to get a mortgage. They walked me through the loan process and explained everything to me. Everything went smoothly. I would highly recommend them.

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    Verified purchase
    StaffLoan Process

    Reviewed March 14, 2023

    The loan process at Vanderbilt went smoothly. It was really good. We had a good relationship with the reps too. They helped us out a lot. They were really good at working with people.

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    Verified purchase
    Customer ServiceStaffLoan Process

    Reviewed March 14, 2023

    It was a horrible experience. The title was all around. There were a lot of problems involved with it so it took us months to finish the loan process. It wasn’t all on Vanderbilt's part. It was majority of the title work that had to be done. But the process could be a little easier. A couple of reps were good with me about coming back and forth. Brittany was the rep that I worked. She was the best person I talked to through the whole process. She even contacted me afterwards to make sure everything was smooth and worked out good. I'm happy with her communication skills with me. Prior to that and after that, the communications weren't that great because nobody at Vanderbilt ever talked to each other. There was a lot of confusing stuff on there too that Vanderbilt's rules were different than a lot of the stuff that I've dealt with before.

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    Verified purchase
    Customer ServiceTechStaffLoan Process

    Reviewed March 13, 2023

    The ease of their process was definitely a positive. We closed before our contract date. I was informed by a loan officer every step of the way. This was the easiest process because they were right on top of things. The rep answered the phone. If he didn't, he called me back within five minutes. He also responded to emails.

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    Verified purchase
    Customer Service

    Reviewed March 12, 2023

    The application with Vanderbilt was pretty easy. I called and asked if there was anything I needed to provide, and they said they had everything. It's easy to contact them, but it's kinda difficult to figure out who you need to talk to.

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    Verified purchase
    Customer ServiceStaffLoan ProcessRates

    Reviewed March 12, 2023

    The application process with Vanderbilt was pretty easy. My loan officer was very helpful. Her name was Stacy. She answered any question I had. I would love a better rate, but the market was extremely high when I bought my home. So, I might reconsider refinancing down the line.

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    Verified purchase
    Staff

    Reviewed March 12, 2023

    Conducting business with them was easy. They were really helpful. I recommend them if you're looking for a mortgage.

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    Vanderbilt Mortgage Company Information

    Company Name:
    Vanderbilt Mortgage
    Address:
    500 Alcoa Trail
    City:
    Maryville
    State/Province:
    TN
    Postal Code:
    37804
    Country:
    United States
    Website:
    www.vmf.com