Home Equity Quiz is a marketplace service that represents hundreds of different mortgage providers across the United States. Lenders represented range from some of the biggest companies in the US (such as Rocket Loans) to much smaller financial institutions.
While this is great for indicating the range of mortgage products available, it means that Home Equity Quiz can’t give an indication of the loan terms and requirements. This is because terms and conditions vary from company to company. Therefore, Home Equity Quiz can’t list all of the requirements on its site as the requirements will vary between direct lenders. However, the following criteria will be consistent across all lenders:
- You must be a US citizen or permanent resident
- You must be able to display a consistent income stream
- You must be 18 years of age or older
- You must have a credit score of 620 or more (may vary by direct lender).
APRs and loan terms are not published on the Home Equity Quiz site, so you will have to go through the application process to obtain this information.