Homie Loans Review
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Homie Loans Reviews

Steve Chen


Steve Chen

Be involved in your loan process
Be involved in your loan process
About Homie Loans

Homie is a network of related companies involved in real estate projects. This includes Homie Title, Homie Insurance, Homie Provider Marketplace, and Homie Loans. Homie Loans is Homie’s in-house lender that offers a new and disruptive way to acquire mortgage finance.

Homie Group’s mission is to reduce the involvement of real estate agents, therefore saving money for customers with reduced fees. As a part of this, Homie incentivizes customers to use Homie Loans to buy a house on Homie Marketplace with further fee reductions. Homie Group is based in Utah and operates in five states; Utah, Arizona, Colorado, Idaho, and Nevada.









Homie Loans Mortgages Review

Homie Loans offers a range of different mortgage products for customers looking for funding for new purchases or home refinancing. Unfortunately, much of the detailed information relating to the types of mortgages available and the terms and conditions of the mortgages are not published on the Homie Loans website. Still, our team has listed the mortgage details that are available in the table below.

Homie Loans Mortgages Highlights


15-30 years




25-30 days















Pros & Cons

  • Significant incentives to use the Homie platform to buy a property and obtain a mortgage
  • Interest-matching guarantees available in all states except Nevada
  • Homie Loan funding can be used to buy a property from other real estate companies
  • Faster financing than traditional mortgage companies
  • Limited information available about mortgage terms and conditions and APRs
  • No ARMs or 5% Jumbo loans are available
  • Limited levels of customer service are available

Mortgage Type

  • Mortgage Purchase
  • Mortgage Refinance
  • FHA

Homie Loans Mortgages Terms & Requirements

One of the main drawbacks to using Homie Loans is that there is very little information online about the terms and requirements associated with its mortgage products. The only way to see the mortgage rates available to you is to go through the application process. Despite this lack of information, we know the following requirements are applicable:

  • 18 years of age or older
  • US citizen or permanent resident
  • Have a US bank account
  • Have a regular, verifiable income stream
  • Have a credit score greater than 680 for conventional mortgages and 580 for FHA mortgages

There is no indication of minimum or maximum mortgage amounts, but we know that mortgages are available for between 15 and 30-year terms. Homie Loans claims that interest rates offered are very competitive, but publishing these rates online would help to verify these allegations.

Qualification Requirements

To be considered for a mortgage with Homie Loans, you will need to meet the following criteria:

  • US citizen or permanent resident
  • 18 years of age or older
  • Have a provable regular income stream
  • Have a credit rating of more than 680

Required Information

You’ll need to give the following information to Homie Loans during the application process.

  • Proof of ID
  • Proof of address
  • Social Security Number
  • Date of birth
  • Email address
  • Phone number
  • Employment details
  • Income details and proof of income
  • Current housing status
  • Details of the house that you require a mortgage for

State Availability

Available in all states

Privacy & Security

Homie has generally positive reviews online. However, Homie Loans only has 1/5 stars online and is not BBB accredited. The lender has a hands-off customer service model, which can be risky to first-time home buyers who don’t know the process well.

In terms of privacy, Homie collects and stores user data using an encrypted system. It may share this information with its subsidiaries for the sake of offering relevant services to the user. As with all reputable lenders, Homie Loans has a detailed Privacy Policy that defines how your personal data is treated. If you have any questions about the treatment of your information, you can email the company’s customer support team with your questions.

Customer Support

Speaking of customer support, Homie Loans have made the conscious decision to offer reduced customer service involvement in exchange for reduced costs for customers. However, this doesn’t mean there are no customer service options available or that the customer care provided is sub-standard.

In fact, you can get in contact with a customer care agent by completing an online form or by phone. Additionally, you will speak to a customer service agent (or “Homie”) at the start of the application process to help guide you through the initial application.

We called to ask about APR rates available for Homie Loans. While the agent wasn’t able to directly answer our question, as APR rates offered are tailored to each specific customer, our call was responded to quickly and professionally by the agent.

Phone Support
(385) 429-6888
9am-5pm MST

In Conclusion

Ultimately, Homie Loans offer an interesting and different approach to mortgage funding. If you are looking to buy or refinance a property in Utah, Arizona, Colorado, Idaho, or Nevada, it is worth checking out Homie Loans to see how much money you can save compared to other mortgage lenders. Yet, it’s essential to note that you will have to be very involved in the process, so if you aren’t comfortable with this idea, Homie Loans may not be for you.


Can Homie Loans only be used to purchase properties listed with Homie?
No, Homie Loans can be used to purchase properties listed with multiple real estate platforms, including Trulia and Zillow.
Is Homie Loans available nationwide?
No, Homie Loans is only available in Utah, Arizona, Colorado, Idaho, and Nevada.
Can I earn cashback using Homie?
Homie Loans offers a refund at closing, meaning that you can get up to $5,000 of the traditional buyer at closing fees that you would incur using other real estate sites.

Homie Loans Disclaimer

Homie Loans, LLC (“Homie Loans”), Investors Title Insurance Agency, Inc. d/b/a Homie Title (“Homie Title”), Daniel Eskelson Insurance Agency Inc. d/b/a Homie Insurance (“Homie Insurance”), and any of Homie Technology Inc.’s affiliated Real Estate Brokerages (Homie We’ve Got Your Back, LLC [Utah] and Homie LLC [Arizona], collectively “Homie”) have a business relationship in that all are owned by Homie Technology Inc., a Delaware Corporation, and that each may refer to you the services of another.

Because of this relationship, the referral of a customer, including you, by any of these affiliated companies to another may provide Homie Technology Inc., Homie, Homie Loans, Homie Title, Homie Insurance, their affiliates, and their employees a financial or another benefit.

You are NOT required to use either Homie Loans, Homie Title, Homie Insurance, or Homie. You may use them individually or together. By using Homie, Homie Loans, Homie Title, or Homie Insurance, you agree that your information may be shared between the two companies regarding the home-buying or home-selling transaction.


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Steve Chen

Steve is an online marketing and publishing veteran with over two decades of experience in the financial sector. With a BSc in Business & Management from the University of Maryland and an MBA in Business Finance from the University of Pittsburgh, Steve went on to serve in various senior marketing and business development roles. Now specializing in online content creation, he writes about a wide range of financial topics.