Users' questions

How do I contact PrimeLending?

How do I contact PrimeLending?

If you have general questions about your mortgage, or your insurance claim, please reach out to us using the information below. If you need more information on other mortgage payment options, or if your loan is no longer serviced by PrimeLending, please contact the Customer Service Line at (800) 597-0233.

Is PrimeLending a legit company?

PrimeLending is a national lender based in Dallas. Founded in 1986, the company has grown to about 1,250 loan officers who issue mortgages in all 50 states.

Is PrimeLending a direct lender?

As a direct lender, PrimeLending delivers a fast and efficient process to our buyers from the initial application, to approval of a competitive loan and to the final closing.

What bank does PrimeLending use?

PlainsCapital Bank
PrimeLending Full Review This Dallas-based mortgage lender is a subsidiary of PlainsCapital Bank that’s been open since 1986. The lender operates in all 50 states and has more than 1,250 loan officers located in branches nationwide.

What is today prime rate?

The Prime Rate Today is 3.25%.

Who bought PrimeLending?

PrimeLending is a wholly owned subsidiary of PlainsCapital Bank, which in turn is a wholly owned subsidiary of Hilltop Holdings Inc. (NYSE: HTH).

Does PrimeLending service their loans?

PrimeLending has a full slate of loan products, including fixed-rate and adjustable-rate loans, conventional and jumbo home loans, as well as loans from the Federal Housing Administration, Department of Veterans Affairs and the U.S. Department of Agriculture.

How long does PrimeLending underwriting take?

Underwriting—the process by which mortgage lenders verify your assets, and check your credit scores and tax returns before you get a home loan—can take as little as two to three days. Typically, though, it takes over a week for a loan officer or lender to complete.

What FICO score does PrimeLending use?

Mortgage loan products at PrimeLending Conventional loans from PrimeLending require a minimum credit score of 620.

What is the current prime interest rate 2021?

Historical Data

Date Value
November 01, 2021 3.25%
October 31, 2021 3.25%
October 30, 2021 3.25%
October 29, 2021 3.25%

How good is PrimeLending?

PrimeLending has an A+ rating with the Better Business Bureau. The Consumer Financial Protection Bureau received 23 mortgage-related complaints in 2019 about PrimeLending.

When do I have to lock my PrimeLending loan?

Borrower must lock their loan before 12/31/2021. Achieving your homeownership goals is much simpler with a PrimeLending Loan Officer by your side. From online application through on-time closing 1, we have the digital process and the mortgage expertise to guide you every step of the way.

What do you need to know about PrimeLending?

When you’re ready to buy, refinance or renovate, PrimeLending is the proven lender you can trust to help you achieve your homeownership goals. We have more options to fit your financial needs, more experience to help you make confident decisions, and a streamlined process to fit your timeline.

Can a savings account be used with PrimeLending?

Savings only applies to direct originations made by PrimeLending for first mortgage purchase or refinance transactions, and is not available on loans obtained through mortgage brokers. Only one offer per loan transaction is available, and savings cannot be combined with any other offer.