Sage Mortgage Overview 2021 – The Easy Greenback
By Erik J. Martin
Sage Mortgage Rating 2021 | The simple dollar
4.3 / 5.0
Sage mortgage 4.3
Sage Mortgage is an online mortgage broker that works with several wholesale lenders. The broker was founded in 2020 and is headquartered in Fort Mill, South Carolina. To connect with Sage, you can submit your information through The Simple Dollar, an affiliate, or visit the broker directly online to start an application. From there you will be assigned a dedicated loan officer. In addition to helping you find a loan, the broker can help you get pre-approved in a day or two, and it usually takes 29 days to complete. (Editor’s note: Sage Mortgage is owned by The Simple Dollar parent company Red Ventures but did not have any influence on the review of The Simple Dollar. The Simple Dollar editorial team is independent and has standards in place to ensure the information in this review are correct and unbiased.)
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Breakdown of Sage’s evaluation score
- Affordability: 14.75 / 15
- Availability: 14/15
- Borrower’s Experience: 10/10
Advantages and disadvantages
- Works with multiple wholesalers to offer competitive prices and fast cycle times
- Borrowers can complete a quick and easy application online 24/7, 365 days a year
- The dedicated loan officer works with borrowers throughout the process
- Most mortgages close within 29 days
- Doesn’t offer VA loans
- Does not offer home equity loans or Home Ownership Lines (HELOCs)
Borrowers looking for the best deal for their individual situation.
Sage Mortgage (Forward Mortgage Lending) has a C + rating from the Better Business Bureau and is not accredited by the organization.
Refinancing with Sage
Borrowers looking to refinance their existing mortgage can get competitive rates through Sage, which works with multiple lenders to find the ideal loan for them with the lowest rates and fees. The broker will display a refinance rate online, but it doesn’t necessarily reflect the price for which you would specifically qualify.
To determine a mortgage lender’s SimpleScore, The Simple Dollar editorial team rates lenders on a scale of one to five stars based on a variety of factors related to the lender’s products and services. Simple Dollar’s partners compensate us, but our opinions are our own and partner relationships do not affect our ratings. Here is our full methodology.
Click here to read the rest of the Sage Mortgage customer reviews.