We all know the slogan, “J.G. Wentworth, …dum, da, da, dum, dum ,dum.” As well known as they are, how do they really hold up when it comes to mortgage lending? This review will look at all the aspects of what you want from your mortgage lender and see if J.G. Wentworth has what it takes.
Customer Service: 800 number available, or a call back from them
What we like about it:
- Quick rate quote without inputting any personal information
- Specialize in Veteran Loans
- A+ Better Business Bureau and 5-star ratings
- Offer a variety of different loan options
- Loan Specialist assigned to each consumer
- Offer loans with no points and low fees and fully transparent contracts
J.G. Wentworth is a direct loaner, meaning that they aren’t middle men connecting you to a loaner. Your loan will be with them. They offer a variety of different types of loans to meet the needs of all different types of people.Back to top ↑
Home Purchase Mortgages
J.G. Wentworth offers mortgages to home buyers whether they are first time buyers, buying a vacation home, investment property, or a second home. They offer fixed rate loans of terms of 30-15 years, adjustable rate mortgages, FHA, VA, USDA or jumbo loans.
Their easy to navigate website will explain the benefits of each type of loan and suggest a loan for you based on your answer to a few questions. One of the best parts of the J.G. Wentworth mortgage website is that you can get a rate quote without filling in any personal information. This is a great option because once you put in your personal information like your phone number or address or email, you will be contacted even if you aren’t exactly sure if you are ready for a loan.
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J. G. Wentworth also offers different refinance options. They can help you to pay off your mortgage faster, get cash for other purchases, lower your payment, or consolidate your debt. You may benefit from a refinance if your credit score has improved or your financial situation has improved over the last few years since you first got your mortgage. Taking advantage of this can save you thousands of dollars over the span of your mortgage.Back to top ↑
VA Loan Specialist
J.G. Wentworth is proud to be able to offer current and former military service members in finding a home loan. They do their utmost to provide an affordable and streamlined loan process for VA loans. VA loans from J. G. Wentworth have no down payment, no private mortgage insurance, relaxed credit requirements, lower interest rates, and much more.Back to top ↑
Ease of Use
This website is easy to use for anyone looking for a loan, whether they have a house picked out and know their exact budget or just starting out in the researching process.
J.G. Wentworth offers the ability to have a conversation with a licensed loan specialist. This can help you to understand the entire process, what is expected out of you, and answer any questions you may have.
Once your application is processed it is very easy to understand the specifics of the loan. And if you have any questions, your loan specialist will be able to answer them.Back to top ↑
Price and Tools
J. G. Wentworth has one flat fee for its loan origination of $795. There are no hidden fees or point costs.
J.G. Wentworth also offers plenty of calculators for you to use to research what you can expect in the future of your home loan process. They have a mortgage payment calculator, purchasing power calculator, how much you qualify for calculator, rent vs. buy comparison calculator, and 15 vs. 30 year term calculator.Back to top ↑