When you’ve finished crunching numbers and considering your monthly home budget, it’s time to decide which mortgage option is best for you. What Kind of Mortgage Can I Get With Caliber Home Loans? The service is said to help streamline the application, approval and closing experience for loans by making the process more efficient overall. The company launched the Caliber Ultimate Home Buying Experience in December 2016. In July 2016, Caliber Home Loans acquired First Priority Financial, to expand its mortgage licensing to all 50 states. The company is jointly owned by Lone Star V and Lone Star Fund VI, which are affiliates of private equity firm Lone Star Funds. In 2013, two companies, Caliber Funding and Vericrest Financial, merged to form Caliber Home Loans. With around 6,000 employees, it’s a mid-size lender when compared to big banks like Wells Fargo which has more than 200,000 employees.
Caliber Home Loans focuses solely on mortgages, differentiating it from large banks with multiple departments and more diversified ranges of financial service. It is a direct lender, seller and servicer. Caliber Home Loans is a full-service mortgage banking company, headquartered in Irving, Texas.
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