Unveiling Franklin American Mortgage Company: Real Reviews, Insights, and Surprising Revelations
Overview of Franklin American Mortgage Company
Franklin American Mortgage Company is renowned. They offer first-class mortgage services. Their team of experts and technological advancements make it a hassle-free loan experience.
Their mortgage products include conventional, VA, FHA, and Jumbo loans. The company always strives for customer satisfaction. They ensure transparent communication throughout the mortgage process.
They also offer competitive rates and flexible terms to meet unique needs. Franklin American Mortgage Company is a reliable partner for anyone seeking mortgage services.
One first-time homebuyer shared how Franklin American Mortgage Company helped him find his dream home. The team gave him personalized solutions to make the process stress-free.
Reading about endless paperwork and financial jargon with Franklin American Mortgage Company reviews should be just as fun as watching paint dry.
Franklin American Mortgage Company Reviews
Franklin American Mortgage has received lots of attention lately. Examining customer reviews can be a good idea for potential borrowers.
Many people have shared their thoughts on Franklin American Mortgage Company’s services. They said that the team was very responsive and helped them when other lenders weren’t willing.
But some customers had trouble communicating with different teams, which made the process harder. Even so, they’re still interested in working with Franklin American Mortgage.
Having the right documents and being honest about finances and credit history increases the chances of getting a loan. If you’re looking for loan options, Franklin American Mortgage Company is the place to go – a real candy store!
Products and Services Offered by Franklin American Mortgage Company
Franklin American Mortgage Company offers personalized financial and mortgage services to meet the needs of its clients. They have adjustable-rate, fixed-rate, and FHA/VA/USDA loans. Plus, they offer refinancing options to help cut down monthly payments or access equity from homes.
To better understand the loan options, check out the table below:
| Loan Options | Details |
|---|---|
| Adjustable-Rate Loans | The lower initial interest rate with potential for rate adjustment. |
| Fixed-Rate Loans | Steady interest rate throughout the loan’s life. |
| FHA/VA/USDA Loans | For borrowers with lower credit scores and low down payments. |
| Refinancing Options | Helps customers with imperfect credit refinance or gain access to equity. |
Franklin American Mortgage Company provides great customer service and online options for submitting loan applications or making online payments. They also offer resources to inform customers about mortgages’ complexities and requirements.
Clients can increase their chances of receiving favorable loans by improving credit scores and saving for down payments. But, if that’s not possible, Franklin American Mortgage Company has tailored loan plans accordingly. To apply for a mortgage with them, get ready to jump through hoops!
Process of Applying for a Mortgage with Franklin American Mortgage Company
Securing a mortgage with Franklin American Mortgage Company may seem daunting, but with the right guidance, you can make an informed decision. Here’s a 5-step guide to the mortgage application process:
- Submit Your Application: Provide personal details, income info, employment history, credit score & other relevant documents.
- Provide Additional Documents: W-2 forms or bank statements may be requested.
- Get Pre-Qualified: Receive pre-qualification for your desired loan amount.
- Choose Your Loan Program: Select the best loan program for your eligibility criteria.
- Closing Process: Sign documents & receive funding for your new home.
Franklin American Mortgage Company offers unique features such as flexible payment options & fast funding. They have been providing excellent service since 1994! With them, you can go from ‘he said, she said’ to ‘they said, we closed’.
Pros and Cons of Choosing Franklin American Mortgage Company
Franklin American Mortgage Company: Weighing Up the Pros and Cons.
Franklin American Mortgage Company is a well-known lender in the industry. Should you use their services? Here are some key points to take into account.
Benefits and Disadvantages of Franklin American Mortgage Company:
- Pros:
- Competitive rates with no initial costs
- Payment options designed to your budget
- Great customer service available 24/7
- Frequent communication throughout the loan process
- Cons:
- The application process is long
- Some borrowers complain about hidden fees at closing
- The website lacks info on loan options
- Mixed reviews on customer service, depending on where you are
Franklin American Mortgage Company offers many good points. But, their application procedure could be faster and more transparent. If time is of the essence or you like straightforward processes, this may not be the right choice.
A homeowner was having financial troubles and applied for a home equity loan with Franklin American Mortgage Company. The rep went the extra mile to help her understand her options, find solutions, and track payments. Additionally, their willingness to listen was essential in stopping her from losing her home.
Franklin American Mortgage Company may not be your ultimate savior, but they won’t leave you with a mortgage that’s more confusing than your ex’s mixed signals.
Conclusion
Analyzing reviews of Franklin American Mortgage Company reveals that their customer service and communication are outstanding. Their online tools make home-buying easier for clients. Plus, a wide range of mortgage options suits different people’s financial backgrounds.
The company’s positive feedback and strong reputation show its commitment to providing great services. Plus, Franklin American Mortgage Company prioritizes transparency and keeps everyone involved in the process updated. This level of honesty reflects their dedication to professionalism and client satisfaction.
A client shared how Franklin American Mortgage Company went the extra mile to help them secure a good loan, even during financial difficulties. This proves that the company values its clients more than profits.
Frequently Asked Questions
1. What is Franklin American Mortgage Company?
Franklin American Mortgage Company is a national mortgage lender based in Franklin, Tennessee. They offer a variety of loan products and services, including conventional and government-backed mortgages, for homebuyers and homeowners across the United States.
2. How long has Franklin American Mortgage Company been in business?
Franklin American Mortgage Company was founded in 1994 and has been in business for over 25 years.
3. What are some of the reviews for Franklin American Mortgage Company?
There is a range of reviews for Franklin American Mortgage Company online, with many customers praising their helpfulness, responsiveness, and ease of use. Some negative reviews cite issues with communication and delays in the loan process.
4. Does Franklin American Mortgage Company offer refinancing options?
Yes, Franklin American Mortgage Company offers refinancing options for existing homeowners looking to lower their monthly mortgage payments, reduce their interest rates, or change the term or type of their existing loan.
5. What kind of loan programs does Franklin American Mortgage Company offer?
Franklin American Mortgage Company offers a range of loan programs, including conventional loans, FHA loans, VA loans, USDA loans, and jumbo loans.
6. How can I apply for a loan with Franklin American Mortgage Company?
You can apply for a loan with Franklin American Mortgage Company online, over the phone, or in person at one of their branch locations. To get started, visit their website and fill out a loan application.
