Is Silverton Mortgage a good company?

Is Silverton Mortgage a good company?

Do NOT use Silverton Mortgage. They are VERY misleading and dishonest. They will offer low rates or lender credits to get you into a loan with a 30 or 45 day lock period.

Is Silverton mortgage the same as Vanderbilt Mortgage?

Silverton Mortgage Announces Acquisition By Vanderbilt Mortgage and Finance, Inc.

How do I pay my Silverton Mortgage Online?

Online Payment All you need to do is create your online account, using your loan number, social security number, and date of birth to register. If you have already created an online account, all you need is your User ID and Password to login.

Can you refinance with Vanderbilt Mortgage?

If you have a Vanderbilt mortgage on your manufactured home that you want to refinance, you have to seek financing elsewhere because Vanderbilt does not offer refinancing loans. When refinancing, only take a loan that is at least 1 percent lower than your current loan rate.

Where did the name Silverton Mortgage come from?

Silverton Bank, formerly Bankers Bank, had adopted the Silverton name over Moffitt’s objections a little over a year before it was shut down in May 2009. Silverton Mortgage, founded by Moffitt in 1998, got its title from a family name, Silver, which has been used in family businesses of various kinds for years.

What bank does Vanderbilt use?

Vanderbilt Credit Union is a member owned financial cooperative, democratically controlled by its members. We exist for the sole purpose of maximizing the economic benefit of the people who make up both the VUMC and Vanderbilt University Community. We’re different than a bank – and we like it that way!

Is Vanderbilt Mortgage federally insured?

The company has several home loan options, including: Traditional: Conventional and simple. FHA: Insured by the Federal Housing Association (FHA) and designed for lower-income borrowers; lower down payment and credit score requirements.

Is Vanderbilt Mortgage federally backed?

Vanderbilt offers conventional and government-backed loans, but where it stands apart is its focus on manufactured and mobile homes.

What credit score does Clayton Homes use?

The credit score requirement will depend on the loan type. For conventional loans, you need a higher credit score of 680 or higher. FHA loans, on the other hand, are available to buyers with a lower credit score of 580.

Is Vanderbilt Mortgage easy to get approved?

This scoring system is based on a scale from 1 to 10 – 1 being the most difficult and 10 being the easiest. In 2020, Vanderbilt scored a 9.2 out of 10 with 1,267customers surveyed. Along with making the loan approval process easier for customers, Vanderbilt is continuing its program offering no payments for 60 days*.

Is Vanderbilt Mortgage hard to get approved?

What is Vanderbilt Mortgage Interest Rate?

7.99% APR 7.99% Interest Rate as of 1-12-2021. Minimum credit score of 740 required. All loans subject to credit approval. Vanderbilt Mortgage and Finance, Inc., 500 Alcoa Trail, Maryville, TN 37804, 1-888-893-8792,

What is your experience with Silverton mortgage?

I have done 2 loans with Silverton Mortgage, a purchase and a refinance. Both closed smoothly, and got a great rate. I recommend them all the time. Latriece M’s review was spot on. Had a very similar experience. Given approval letter from buyer and we were supposed to close within 45 days. Usually don’t go over 30, but went for it.

Can I remove a review of Silverton mortgage from Yelp?

Yelp users haven’t asked any questions yet about Silverton Mortgage. Your trust is our top concern, so businesses can’t pay to alter or remove their reviews. Learn more. Start your review of Silverton Mortgage. I purchased my home through Dan Dadoun at Silverton Mortgage in 2014, and refi’d in 2015, and both were great experiences.

Why choose Dan Dadoun at Silverton mortgage?

I purchased my home through Dan Dadoun at Silverton Mortgage in 2014, and refi’d in 2015, and both were great experiences. He was extremely professional and trustworthy. He kept me up to date and educated during the entire process.

What is the Silverton Foundation?

The Silverton Foundation’s mission is to provide a mortgage and rent assistance program to help reduce financial and emotional burdens for families with critically ill children, allowing parents to focus on their child’s health. Our goal is that when their child is ready to return after the crisis, their home and loved ones are waiting.