E Loan Reviews

We worked with eloan for our Home Equity Loan and I have to say that they were pretty decent.

They delivered on their promises and my family is very happy. We used the money to do some remodeling for our home and new baby nursery for our new baby girl that just arrived.

Thanks ELoan!

We chose Eloan because we were moving from an overseas assignment and didn't know anyone local. We did prequalify with others just to get comparisons on closing fees, rates, and service. We went FHA because my VA was getting cleared up. We are extremely happy that we chose Eloan. From offer to close was 3 weeks. The service rep responded to every request very fast. There were a lot of documents that needed to be submitted but I believe that is because the lender market has tightened up. We had everything he requested so it was no problem. We were very apprehensive because the fees seemed low and the process was easy. Very sastisfied.

Can't Complain. I would definitely check out E-Loan again.

I?m not too sure if eLoan gives the best rates. I found that they do have a pretty cool website with a lot of general mortgage information and were pretty quick to repond to my inquiries. They were fairly detailed in the approval and had the whole lending procedure and all of the closing costs laid out in simple terms.

However, after I was approved with eLoan, I noticed that they didn?t provide the best rates?(this was compared to even some small local lenders. My local bank offered me .5% points lower than their best offer.

I thought they had good customer service as they were friendly and knowledgeable. With that being said, I don?t know if they can provide the best possible rates out there. You might want to shop around before signing the dotted line.

Overall, I had a pretty positive Eloan experience. Late last year my husband and I decided that we were going to take out a HELOC to do some home improvements that desperately needed to be done.

I ended up applying on the E-Loan website and ended up hearing from an E-Loan agent within a day. We had never taken out a HELOC before, but the loan agent was extremely helpful and explained to us the details of the whole process. The only closing fees that we were going to have to pay was to cover the costs of the appraisal.

After the appraisal was complete, we received the paperwork almost instantly. We signed the dotted line, had it notarized and were on our way. Overall, I was very satisfied with the entire loan process. They gave us great service that I wasn?t expecting from such a large lender.

I started applying for a loan with e-Loan but backed out pretty early in the process. They kept asking me for the same paperwork over and over again and insisted that the would need receive it. I would resend it and get the same response. After 4 errors on their end, I decided that they had no clue what they were doing. I?d avoid them entirely.

I finally got out of a loan for a house I bought a few years ago and ended up refinancing with e Loan. I?m shocked at how low maintenance having a mortgage can be. My last bank had problems non stop. ELoan has made my life a dream.

I?ve used E-loan twice in the past 3 years. Once to refinance my home and the other for a small Line of Credit for home repairs. I haven?t had any problems at all and would definitely recommend them. Everything went smooth and just as they said with no unexpected surprises.

My wife and I applied for a loan through eLoan. We ended up being pre-approved for the amount we had requested. Since we were preapproved, we went ahead with the loan and put down our earnest money. We have an okay credit history. Its not perfect, but still pretty good. Anyway, after we had put our money down, we received a phone call saying that we were being denied and that our pre-approval was based on our credit score and ?not actually what lenders look from?. ????

Our pre-approval letter was a complete mistake. We ended up putting down our deposit to make this happen and are out financially. This to me is a very SHADY business practice. We called to refund the money and almost filed a lawsuit against them. I wouldn?t trust them at all. In fact, don?t even waste your time trying them out.

I?ve been working with eLoan for about a year and have found them to be pretty trustworthy. I need to refinance my ARM this year, and will probably end up using them again. They spell out their products and loans very clearly on their website which has been a great help. Other online websites make you be approved and go through a whole ordeal to even figure out what is available. Like I said, I used them once and will most likely use them again.