Home Equity Quiz Reviews

The Home Equity Quiz website makes it very easy to complete the application process. To start, we visited the Home Equity Quiz homepage and selected the “Purchase Home” option.

The process is simple to navigate through, with many sections being multiple choice, as shown below.

After selecting our home type, we had to enter our estimated credit score, if we had found a home yet, and how soon we planned to buy it. This stage was followed by further questions on the type of property that we wanted to buy. There is also a helpful progress bar during the application that makes it easy to monitor your progress while completing the application.

We had to provide the estimated value of the property, how much of a down payment we could put towards the purchase, and if we wanted a fixed or adjustable mortgage. We then selected that we had never been declared bankrupt, could verify our income, and had not been late on any scheduled payments in the past year.

After stating that no one in our household had served in the US military, we entered our current address and ZIP code. Doing so took us to the final input screen.

This stage presented the two most suitable offers for our needs, with other offers also available. However, there were still no APRs or loan terms available at this stage, and we needed to go into the direct lender’s website to start that process again.

Nonetheless, it was very straightforward to complete the Home Equity Quiz application. However, we feel the exercise would be much more helpful if APRs and loan terms could be displayed at the end of the process without having to apply a second time with the direct lender.