OneTrust Home Loans is a direct lender that offers mortgaging financing and refinancing. This includes a variety of home loan options, such as conventional loans, FHA loans, USDA and VA loans, and Jumbo loans. They also have reverse mortgages and portfolio loans. Besides that, the lender has several educational resources — like mortgage calculators — on its website for prospective borrowers. If you choose this lender, you’ll work with a home loan specialist who will strive to make the homebuying journey as easy as possible.
OneTrust Mortgages Terms & Requirements
OneTrust Home Loans offers many home loans, including conventional loans, Jumbo loans, FHA loans, VA, and USDA loans. They also have specialty programs for those seeking a more innovative financing option.
However, the lender does not clearly indicate its mortgage loan terms or requirements online. However, most mortgage lenders have minimum credit score, income, and employment requirements. You may also need to be at least 18 years old and a resident of the state in which you’re applying to qualify.
Depending on the home loan type, you may also need to put down a minimum down payment amount. This is often between 3% and 5% of the home purchase price. A higher down payment and income could improve your approval odds.
Qualification Requirements
Although OneTrust Home Loans does not specify its requirements online, these are the typical requirements when applying for a home loan:
- 18 years of age or older
- U.S. citizen or resident
- 680+ credit score
- Minimum down payment
- Minimum income
- Minimum time employed
- Bank account information
- Any other assets or liabilities
Required Information
To get started, either call OneTrust Home Loans or schedule a consultation online. You won’t need any documents at this time. However, you will need to provide some personal information, such as your name and contact details. You’ll also need to indicate a few things, such as:
- Purpose of the loan
- Property’s location
- When you want to buy it
- Home’s approximate value
During the consultation, the specialist may request additional information or documentation.
State Availability
Available -
Alabama,
Alaska,
Arizona,
Arkansas,
California,
Colorado,
Connecticut,
Florida,
Hawaii,
Idaho,
Illinois,
Indiana,
Kansas,
Louisiana,
Maine,
Maryland,
Michigan,
Minnesota,
Mississippi,
Missouri,
Montana,
Nevada,
New Hampshire,
New Jersey,
New Mexico,
North Carolina,
North Dakota,
Ohio,
Oklahoma,
Oregon,
Rhode Island,
South Carolina,
Tennessee,
Texas,
Utah,
Vermont,
Virginia,
Washington,
West Virginia,
Wyoming,
Not Available -
Delaware,
Georgia,
Iowa,
Kentucky,
Massachusetts,
Nebraska,
New York,
Pennsylvania,
South Dakota,
Wisconsin,