What is a loansnap loan? LoanSnap, Inc. is a direct lender headquartered in San Francisco. The company was founded in 2018 and offers “smart home loans” based on artificial intelligence — that means LoanSnap’s platform analyzes an applicant’s entire financial profile digitally to provide the best mortgage options. LoanSnap offers mortgages in the following 10 states:What kind of loans does levelloansnap offer? LoanSnap offers fixed-rate loan terms of 10, 15, 20 and 30 years. The company doesn’t offer adjustable-rate mortgages. FHA loans. Loans backed by the Federal Housing Administration (FHA) typically allow for lower credit scores and easier qualifying than conventional loans.What credit score do you need to get a loan from loansnap? LoanSnap requires a minimum credit score of 620 and offers manual underwriting. Financing is available for single-family homes and condominiums. They don’t offer mortgages for multifamily homes, mobile homes or commercial properties. Conventional loans.Can loansnap really close a loan in 15 days? LoanSnap was among the offers from the many loan services. What differentiated this offer was LoanSnap agent, Rozie McCarter, saying she could close me in 15 days! Other loan agents were just as skeptical when I mentioned it and said 15-days was not possible, they also requested a copy of the Loan Estimate to see if they could beat it.
LoanSnap supports our veterans coming home so we created Operation Home Foundation, a new charitable foundation to support U.S. military veterans and their families as they transition to civilian life. Proceeds from our new Veterans Administration (VA) Smart Loans program and voluntary donations from our conventional consumer mortgages will be used to fund charities ...