About Our Loans

The ‘Interest Rate’ is the cost of borrowing money and is used to calculate your monthly mortgage payment. Your USAloans interest rate is determined using several factors including your credit profile, payment history and the ratio of debt to income ratio. To check your individual USAloans personal rate with no risk, click here to apply online or call us at 855-982-3321 to have one of our experienced mortgage bankers assist you through the process.

An Annual Percentage Rate (APR) is the cost of borrowing on a yearly basis. An APR differs from an interest rate in that it includes fees. Click here to apply online or simply call us at 855-982-3321 to have one of our experienced mortgage bankers assist you through the process.

An origination fee is an upfront fee charged by a lender for processing a new loan application. Origination fees are quoted on a percentage of the loan amount and vary from 1% to 5% of the loan amount, depending on your loan type. This fee is only collected at the time of funding and is deducted from your loan proceeds. If you are using your loan proceeds for a specific purchase, be sure to borrow enough to cover both the origination fee and the purchase.

Applying For A Loan

Applying for a loan through USAloans is inexpensive, easy, and completely transparent. We can get your rate without affecting your credit score. Click here to apply online or simply call us at 855-982-3321 to have one of our experienced mortgage bankers assist you through the process.

 

To receive a USAloans loan, borrowers must be 18 years (*19 if you live in the state of AL or NB) or older, be a U.S. citizen or documented U.S. permanent resident, have a verifiable income, a verifiable bank account, a valid e-mail address and meet our credit criteria requirements. Click here to apply online or simply call us at 855-982-3321 to have one of our experienced mortgage bankers assist you through the process.

Yes, home loans do allow co-borrowers on home purchase and refinance loans, but might not be required. Click here to apply online or simply call us at 855-982-3321 to have one of our experienced mortgage bankers assist you through the process.

To complete the loan application, you will need to provide additional information such as your Social Security number, bank account, and employment details. We may request that you supply supporting documentation for the information you enter in your application. Examples of this information include a government-issued ID, bank statements, W2, or recent pay stubs. Click here to apply online or simply call us at 855-982-3321 to have one of our experienced mortgage bankers assist you through the process.

USAloans may require additional income verification documents for self-employed applicants. Click here to apply online or simply call us at 855-982-3321 to have one of our experienced mortgage bankers assist you through the process.

 

A soft inquiry can be run without your Social Security number to see if you meet the prequalification requirements, which will not affect your credit score. Click here to apply online or simply call us at 855-982-3321 to have one of our experienced mortgage bankers assist you through the process.

Your loan funds will be deposited directly into your bank account.

We encourage that you promptly submit all required documents to ensure a speedy process. Once approved, loan funds are typically received in your bank account within 2-3 business days. Click here to apply online or simply call us at 855-982-3321 to have one of our experienced mortgage bankers assist you through the process.

USAloans uses your credit profile, including but not limited to, credit bureau reports, payment history, outstanding debt, and credit scores to screen applicants for pre-approvals. However, if declined, a letter will be sent to you within 30 days detailing the reason for denial.

Loan In Process

The verification stage of the personal loan application is the period when USAloans reviews your application for accuracy and validates any supporting documents received. The length of the verification stage varies, but is typically 2 to 3 days. The best way to help us complete the verification stage is to provide accurate information in your application and to submit required documents as quickly as possible. The best way to ensure you receive your loan funds as quickly as possible is to verify your email address and submit all required information promptly to complete the verification process.

Your USAloans personal loan interest rate is determined using several factors including your credit profile, payment history, and ratio of debt to income. We'll work with you to ensure the lowest rate possible.

USAloans verifies the information you enter in your application by using a variety of methods, including information from credit bureaus and other electronic data. We may require you submit copies of documents such as your driver’s license, recent pay stubs, bank statements, etc. We may also contact the employer you list in your application.

Bank account information is used to verify where you got the funds from and the only way to do that is through your bank statements. Please read the USAloans’s privacy policy for more detail.

USAloans may require additional income verification documents for self-employed applicants. Click here to apply online or call us at 855-982-3321 and have one of our experienced mortgage bankers assist you through the process.

You are able to withdraw your application anytime before it is submitted for funding. If you are thinking about withdrawing your application or have any questions, please call us at 855-982-3321.

Post Funding

Temporary coupons were included in your loan package, use them till you receive an official notification from the servicer of your loan. 

Unfortunately no, all mortgage payments fall on the 1st of the month.

Please contact our corporate office servicing department immediately at 909-606-3905, option #4, if you are experiencing a financial hardship that affects your ability to repay your loan.

Untimely payments will result in late charges reflecting on your next mortgage statement and may adversely affect your credit rating. Failure to pay will affect your credit opportunity and may result in foreclosure of your home.

USAloans reports payment history to the credit bureaus, both positive and negative. Please contact our corporate office servicing department at 909-606-3905, option #4, if you are experiencing a financial hardship that affects your ability to repay your loan. 

Safety & Security

USAloans values your business, and protecting your confidential information is a priority. Our policies and procedures reinforce the fact that USAloans strongly believes in protecting the confidentiality and security of the information we collect about you as a customer, potential customer or former customer. We have strict policies and procedures to safeguard the personal information about you that is in our possession. For more information, read the USAloans Consumer Lending Privacy Policy.

We understand the importance of your personal information, that's why our experienced mortgage bankers are here to assist you through the process. Give us a call at 855-982-3321

No. We understand the importance of your personal information. Please read our privacy policy for more detail.

 

USAloans is regulated under the individual states that it originates from, in addition to the Federal Safe Act. 

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