Highlands Residential Mortgage is a well-known mortgage lender offering competitive rates and flexible repayment plans to help homeowners across the United States.
This article on Highlands Residential Mortgage review for 2023 will look at their current interest rates, repayment plans, and other features that make them an excellent choice for those looking to purchase or refinance a home.
We will also discuss the pros and cons of choosing this loan provider for your next mortgage. By the end of this article, you will better understand whether Highlands Residential Mortgage is the right lender for you.
Table of contents
- About Highlands Residential Mortgage
- What are Highlands Residential Mortgage Interest Rates?
- What are the Plans Offered by Highlands Residential Mortgage?
- Highlands Residential Mortgage Website and Phone Number?
- How Can I Log into Highlands Residential Mortgage?
- How To Apply for a Highlands Residential Mortgage Loan
- What are the Eligibility Criteria For a Highlands Residential Mortgage Loan?
- How Long Will It Take To Pay Back a Highlands Residential Mortgage Loan?
- What are the Pros and Cons of Highlands Residential Mortgage?
- Customer Reviews
About Highlands Residential Mortgage
Highlands Residential Mortgage is a private, full-service mortgage lender offering competitive interest rates, reliable customer service, and flexible loan terms.
They have offices in 14 states across the United States and serve the nation with their top-of-the-line residential mortgage products.
Established in 2003, this mortgage provider has been delivering exceptional customer service for over a decade.
Furthermore, this loan provider offers fixed-rate and adjustable-rate mortgages, as well as VA, FHA, USDA, and Jumbo loans, making them one of the most comprehensive mortgage lenders in the country.
The company also provides cash-out refinance options for those looking to tap into the equity in their home. Whether purchasing your first home or refinancing an existing loan, Highlands Residential Mortgage is the perfect solution for you.
What are Highlands Residential Mortgage Interest Rates?
Highlands Residential Mortgage offers a variety of mortgage options with competitive interest rates. Rates vary depending on the type of loan and the borrower’s credit profile.
Fixed-rate mortgages are available with terms ranging from 10 to 30 years, while adjustable-rate mortgages have terms of 3, 5, 7, and 10 years.
For borrowers with excellent credit, This loan provider also offers some of the lowest rates available in the market.
For borrowers with less-than-perfect credit, there are still competitive rates that can save you money over the life of your loan. Talk to your lender about specific rates for your situation.
What are the Plans Offered by Highlands Residential Mortgage?
Highlands Residential Mortgage offers several loan plans to help you reach your home financing goals. The loan plans are designed to provide various options for borrowers, with different levels of risk and reward.
Whether you are looking for a traditional fixed-rate mortgage, an adjustable-rate mortgage, or a specialized jumbo loan, this mortgage provider has an option for you.
For those looking for a fixed-rate mortgage, Highlands Residential Mortgage offers both 30-year and 15-year fixed-rate loans.
This type of loan gives you the security of knowing that your payments will remain the same for the entire loan. It also allows you to lock in a low-interest rate to save money in the long run.
Highlands Residential Mortgage also offers adjustable-rate mortgages (ARMs). These loans come with a lower initial interest rate than a fixed-rate loan, but the rate can fluctuate over time depending on market conditions.
While this type of loan can be beneficial if interest rates decrease, it also carries more risk than a fixed-rate loan.
Finally, the mortgage offers specialized jumbo loans for those who need to borrow more than the standard loan limits.
Jumbo loans are typically more expensive than regular ones, but they can provide access to more significant amounts of money for those needing them.
No matter what your home financing needs may be, Highlands Residential Mortgage has the plan to meet them.
With competitive interest rates and flexible terms, their loan plans are designed to give you the best chance at achieving your financial goals.
Highlands Residential Mortgage Website and Phone Number?
Highlands Residential Mortgage provides customers with a comprehensive website and phone number to help them learn more about their services. The website offers mortgage calculators, loan details, and interest rate comparisons.
The phone number is available 24/7 and gives customers access to knowledgeable loan officers and financial advisors who can answer any questions they may have.
For more information, customers can visit Highlands Residential Mortgage’s website (https://www.highlandsmortgage.com/) or call the toll-free number at 888-878-5626.
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How Can I Log into Highlands Residential Mortgage?
If you’re a Highlands Residential Mortgage customer, logging into your account is easy. You can log into your account directly on their website.
On the homepage, click on “Sign In,” located at the top right corner of the page, and follow the prompts to log in.
If you have forgotten your username or password, you can click the appropriate link on the login page and follow the instructions. Once logged in, you can view your loan information, make payments, and more.
Alternatively, you can contact Highlands Residential Mortgage customer service at (800) 467-7391 for assistance with logging into your account.
How To Apply for a Highlands Residential Mortgage Loan
Applying for a loan with Highlands Residential Mortgage is easy. To apply, you’ll need to fill out an online form or call the company’s customer service line. Once you submit your application, you’ll receive a response in as little as 24 hours.
When applying for a loan with this loan provider, provide all the necessary information. This includes information about your income, debt, credit history, and more. Your lender will also need to verify the accuracy of your data and may require additional documents.
Once your application has been approved, Highlands Residential Mortgage will provide you with a variety of loan options to choose from. Be sure to review the loan terms and rates carefully before deciding.
Once you’ve selected the loan that best fits your needs, you’ll be able to sign the documents electronically or submit them in person.
Once the loan documents have been signed, the funds will typically be available within a few days.
Highlands Residential Mortgage will send you a monthly bill with the repayment details. It is important to stay current on your payments to avoid any late fees or penalties.
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What are the Eligibility Criteria For a Highlands Residential Mortgage Loan?
Highlands Residential Mortgage offers a range of loan options for individuals and businesses.
So, to be eligible for one of their loan programs, you must meet specific criteria, including having a good credit score, a stable source of income, and sufficient assets to cover the loan amount.
The exact criteria vary depending on the loan you are applying for and your financial situation.
Highlands Residential Mortgage will also look at other factors, such as your debt-to-income ratio, current employment status, and whether you can provide documentation to prove your ability to repay the loan.
It’s crucial to provide accurate information on your application so that they can adequately assess your eligibility for a loan.
If you have any questions about the eligibility criteria for a loan from this mortgage provider, you can contact them directly for more information.
How Long Will It Take To Pay Back a Highlands Residential Mortgage Loan?
When you take out a loan with Highlands Residential Mortgage, the time it will take to pay back your loan will depend on various factors.
Generally, the repayment period of your loan can range from five to 30 years, depending on the type of loan you have taken out. A longer repayment typically means lower monthly payments, while a shorter repayment usually requires higher monthly payments.
The amount of time it takes to pay back your loan also depends on the amount of money you borrow, your credit history, and your income.
Highlands Residential Mortgage will typically review these factors before determining how long it will take for you to pay off your loan.
Additionally, if you make additional payments towards your loan, you can reduce the total length of time it takes to pay back your loan.
Overall, the time it takes to pay back a Highlands Residential Mortgage loan will depend on many factors. Understanding these elements is important when deciding which loan option is best for you.
What are the Pros and Cons of Highlands Residential Mortgage?
Here are the pros and cons:
1. Highlands Residential Mortgage offers competitive interest rates that can help borrowers save money over the life of their loan.
2. They offer various loan options, including conventional, government-backed, and jumbo loans.
3. Their online application process is simple and user-friendly.
4. They offer excellent customer service and are available to help borrowers through every step of the loan process.
5. Highlands Residential Mortgage works with many lenders to ensure that borrowers get the best rate possible on their loans.
1. Highlands Residential Mortgage’s customer service can be inconsistent at times.
2. The loan approval process can take longer than expected.
3. They do not offer mortgage refinancing options.
4. Their online application process can be confusing for some borrowers.
5. The loan fees and closing costs associated with a Highlands Residential Mortgage loan may be higher than other lenders.
When it comes to choosing a reliable mortgage lender, many people turn to Highlands Residential Mortgage. This mortgage lender has been in business for over 30 years and has earned a positive reputation from its customers.
From competitive interest rates to friendly customer service, there are plenty of reasons to consider Highlands Residential Mortgage for your next mortgage loan.
To get a better sense of what customers think of this mortgage provider, let’s take a look at some customer reviews.
#1. Attentive and always looking out for us
Elly Chao from Lynnwood, WA | worked with Ric Harter
Our realtor recommended Ric. He was on top of things and checked in with us every step of the way. We purchased a house at a lower selling price but in a higher interest rate market. Ric was able to lock us in at a lower rate before it rose to almost another percent higher. He was very thorough and attentive throughout the process. We highly recommend him!
#2. Great, smooth experience
Greg Walrath from Bellingham, WA | worked with Ric Harter
Even though I put the cart before the horse – settling on a house before talking to our’ mortgage guy’ – he was more than happy to help us here, as he has done in the past. He managed to find us a great financing program that saved us money and kept us moving through the whole process. He was on top of it the entire way.
#3. Seamless and responsive
Jason & Chrislyn from Bonney Lake, WA | worked with Ric Harter
Ric Harter with Highlands Mortgage (second time working with him) again created a seamless process; he was proactive, jumped on any question, and ensured the process was flawless. I’d highly recommend Ric to anyone!
#4. Difficult to find a better lender
Karrie and Mike from Winthrop, WA | worked with Ric Harter
We worked with Ric Harter and his team to purchase a vacation home. As this was our first time purchasing a vacation home, we had several questions about how the process differed from a primary residence. We were looking in a very competitive market, and Ric was super responsive in answering our questions and providing the paperwork we needed to make offers quickly and efficiently. Ric is very knowledgeable about the lending process and rate options. It was a huge comfort to have his expert advice in making decisions. Given the more remote area, we were not sure what to expect at closing time, but Ric and his team could help us close two weeks ahead of schedule so we could start enjoying the home asap. Highly recommend it!
The Highlands Residential Mortgage offers an excellent range of mortgage options to choose from. Their interest rates are competitive, and their customer service is top-notch.
Whether you’re looking to purchase your first home, refinance an existing loan, or invest in real estate, Highlands Residential Mortgage has the right plan for you.
They strive to provide quality loan products and services to their customers and have earned a solid reputation as a reliable lender. If you’re considering a mortgage, look at Highlands Residential Mortgage review.
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Frequently Asked Questions
Highlands Residential Mortgage is a full-service mortgage lender offering competitive interest rates, plans, and services to help customers purchase or refinance their homes. The company was established in 2003 and has grown to become one of the leading mortgage lenders in the United States.
Highlands Residential Mortgage offers a wide range of loan options, including conventional, government, Jumbo, FHA, VA, USDA, and many more.
You can apply for a loan with Highlands Residential Mortgage online at their website. They also offer the option to apply for a loan in person at any branch in the United States.
Highlands Residential Mortgage offers competitive interest rates that are tailored to meet each customer’s needs. They offer fixed-rate and adjustable-rate mortgages with terms from 10 to 30 years.
Yes, Highlands Residential Mortgage offers pre-approval for loans so you can shop for your new home with confidence knowing your financing is secure.
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