Movement Mortgage is a popular lender for a wide variety of home loans, especially if you’re a first-time borrower, a long-time homeowner looking to renovate, or a real estate investor looking to add properties to your real estate assets.
Movement Mortgage is an “impact lender,” giving an impressive 40% to 50% of profits to improve the neighborhoods it works with. This element of philanthropy makes Movement a standout lender.
But is it the right lender for you? Fortune examined its features to help you decide. Here’s what you need to know about Movement Mortgage.
Lender details checked Oct. 27, 2025 and subject to change.
Who is Movement Mortgage best for?
Movement Mortgage
| Minimum credit score | 580 (for FHA and VA loans) |
| States available | 50 |
| Mortgage loan options | Conventional, HomeReady, jumbo, high balance, FHA, VA, USDA, renovation, construction, reverse |
- Year Founded: 2008
- Company Headquarters: Indian Land, SC
- CEO: Casey Crawford
Movement Mortgage is great for a couple of different borrower profiles.
First, it’s helpful for those who want to put less money down towards a down payment and/or closing costs. Movement Mortgage has a few programs for folks in this situation.
Movement Mortgage also endeavors to expedite the mortgage process, with the goal of underwriting in six hours and processing closing documents within seven days. If you value speed, Movement is a good option.
Also, Movement Mortgage is more than just an online lender. It has many hundreds of physical locations around the country, which is great for folks who prefer to manage mortgages in-person.
That said, Movement Mortgage doesn’t disclose rates online, meaning you’ll have to share some personal information and make contact with the lender to get the latest rates.
Movement Mortgage pros and cons
Pros
- Quick loan application process
- Down payment assistance
- Wide selection of loan types
Cons
- Mortgage rates aren’t disclosed on website
- Fees aren’t disclosed on website
- Some loans may be sold to third parties
Movement Mortgage home loan options
Movement mortgage has a robust selection of home loans to choose from, including:
Conventional loan
Conventional loans can be used on virtually all types of properties (unlike government loans, which tend to have more restrictions). They also work with programs like Fannie Mae HomeReady, which offers up to 97% financing.
New construction
Movement Mortgage offers a rate lock of up to 360 days, protecting you from changing rates before you can get your new construction loan sorted. Do note that manufactured houses aren’t currently eligible for this loan.
FHA loan
This government-backed loan provides great flexibility to borrowers, such as lower approval standards and a down payment of as little as 3.5%, depending on your credit score. Keep in mind that you will have to pay upfront and annual Mortgage Insurance Premium payments. You must also meet varying other requirements, including a healthy debt-to-income ratio (DTI).
USDA loan
Government-backed USDA loans are targeted toward low- to moderate-income families who buy in a designated rural area, along with meeting other eligibility criteria. These loans require no down payment.
VA loan
Active-duty military, veterans, and surviving spouses may qualify for a government-based Veterans Affairs (VA) loan. These generally don’t require a down payment and come with other benefits such as no mortgage insurance requirement and less stringent eligibility terms than, say, a conventional loan.
Jumbo loan
Jumbo loans are for properties that cost more than a conventional mortgage will cover. In general, this non-conforming loan is great for properties costing more than Fannie Mae and Freddie Mac’s $647,200 borrowing limit. You can also opt for a jumbo reverse mortgage.
High balance
Perhaps you’re not looking to splurge on a fancy house, but you live in an area that has a high cost of living. A high balance loan is made for homes between $484,351 and $726,525 for 1-unit properties. This loan type qualifies for conventional loans and government home loan programs.
Condo loan
Folks looking to buy a condo will find Movement Mortgage well equipped for the task, offering dedicated in-house condo loan assistance. You can buy a condo via a conventional mortgage, VA, USDA, or FHA government loan. Jumbo loans are available for these property types, as well.
DSCR loan
If you’re a real estate investor who makes money from renting properties, a Debt-Service Coverage Ratio (DSCR) loan may be worth considering. You can use a property’s rental income (instead of your own income) for approval. The rental income must cover at least 75% of the property’s mortgage payment. There are other approval requirements, such as a minimum 640 FICO score.
Reverse mortgage
A reverse mortgage is a type of loan that lets you borrow against your home’s equity. When you sell your house, you can repay that loan from the money you earn. Movement Mortgage offers an FHA-insured Home Equity Conversion Mortgage (HECM) for folks age 62 or older, as well as a HECM for purchase when you’re looking to buy another home.
Movement Mortgage also offers various refinancing options, renovation loans, and a fixed-rate second lien, which allows you to access your home equity without refinancing.
Expanded Access Buy Now Sell Later loans
Looking to buy a house before you sell your current one? With an expanded access, buy now sell later loan, you can buy a new home quickly without your current mortgage impacting your debt-to-income ratio (DTI). This also allows you to get the funds you need to make repairs to your current home before listing it.
Does Movement Mortgage offer discounts or assistance?
Fannie Mae HomeReady
Fannie Mae HomeReady is a program that gives qualified buyers (targeted toward low- to moderate-income customers) the freedom to make as little as 3% for a down payment—though you’ll have to pay private mortgage insurance until you’ve built 20% equity. If you have a stable job and good credit, this could be a good option. Just note that there may be income requirements depending on where you live.
Fannie Mae HomeReady also accepts sources such as gifts, grants, and Community Seconds (money from nonprofits, employers, community, etc.) to fund closing costs and a down payment.
Freddie Mac Home Possible & Home Possible Advantage
Freddie Mac also offers low down payment options for qualifying buyers. This is targeted toward low- to moderate-income customers or those purchasing/refinancing in specific areas. It acts similarly to Fannie Mae’s HomeReady program.
For example, these programs give you the freedom to make a 3% down payment. You’ll also find flexibility in the funds you can use to make your down payment, such as gifts from relatives, Employee Assisted Housing (EAH) benefits, and even unsecured personal loans.
Again, you’ll pay private mortgage insurance until you’ve built 20% equity in your home.
Movement Boost
Movement Boost can help to cover your 3.5% FHA down payment and 1.5% of your closing costs. There are no income limits, and many types of homes qualify (think single-family and multi-family homes up to two units, condos, and manufactured homes).
There are some strings attached, though. Movement spots you this money to be paid back through a repayable second lien with a 10-year amortization term and a rate 2% higher than the first lien rate. You’ll also need a minimum 600 FICO score in most cases (up to 640, depending on the type of home).
House grants for service-related disabilities
If you’ve got a VA loan and are eligible for an adapted housing grant through Veterans Affairs, Movement Mortgage can help you to get either a service-connected disability purchase, fix your current home to aid with your disability, or construct a new home that meets your needs.
How to apply for a home loan with Movement Mortgage
Remember, Movement Mortgage doesn’t disclose rates online. You’ll need to speak to an agent to learn specific rates, whether by phone, online, or in-person. Movement Mortgage has a quick and easy form to fill out about your state, credit score, email address, and more. Fill the form out, and a Movement Mortgage representative will then contact you.
If you’re satisfied with the rates and additional information provided to you by the Movement Mortgage team, applying for a loan is relatively straightforward. You’ll need to create an account with Movement Mortgage by providing your name and email. You’ll then be asked if you’re currently using a loan officer.
The full application will ask for the purpose of the loan, general applicant information, employment and income, assets, real estate owned, demographic information, and more. Pretty standard procedure, but the information you’ll need to provide will vary based on the type of loan you’re trying to open.
Is Movement Mortgage reputable?
Movement Mortgage is largely considered reputable. It scored second only to Prosperity Home Mortgage in J.D. Power’s 2024 mortgage origination satisfaction study. And while not accredited by the Better Business Bureau, it maintains an A+ rating with the company—and 4.44 out of 5 stars. This indicates that it faithfully responds to customer complaints.
Alternatives to Movement Mortgage
Rate Mortgage
| Minimum credit score | 620 |
| States available | 50 |
| Mortgage loan options | Fixed-rate, adjustable-rate, conventional, jumbo, FHA, VA, USDA, interest-only, non-QM, physician, reverse |
at Bankrate
- Year Founded: 2000
- Company Headquarters: Chicago, IL
- CEO: Victor F. Ciardelli III
Similar to Movement Mortgage, Rate Mortgage is known for processing home loans quickly. Its same-day mortgages allow eligible customers quick approval and closing in as little as 10 days.
You’ll find similar (but not all) offerings as with Movement Mortgage, such as conventional, VA, USDA, jumbo, and renovation loans. You can also choose from some options not offered by Movement, such as non-qualified mortgages. It’s also helpful that you can view current rates online, unlike Movement.
Rocket Mortgage
| Trustpilot Rating | 4.7 out of 5 |
| Trustpilot Reviews | 37,403 |
| Loan origination volume as of July 31 | $29.1 billion |
- Year Founded: 1985
- Company Headquarters: Detroit, MI
- CEO: Varun Krishna
Rocket Mortgage is a fully online lender. You won’t be able to service your loan in-person (as you can do with Movement Mortgage). It’s good for those with limited credit history or looking for a loan with a lower down payment. It also offers programs to help reduce rates and supplement closing costs.
Notably, Rocket Mortgage doesn’t offer USDA loans, though Movement Mortgage does.
Is Movement Mortgage right for you?
No mortgage lender is one-size-fits-all. That said, Movement Mortgage is highly rated and offers a laundry list of loan options for just about any home-buying goal. Plus, you’ve got the luxury of hashing things out in person by choosing one of their 775 physical locations around the country.
One of the most important aspects of a suitable loan is a reasonable APR. You’ll have to contact Movement Mortgage to learn about its interest rates. If Movement Mortgage rates are competitive, it’s worth considering, especially with its multiple programs to assist you with closing costs, down payment, etc.
How we evaluated this mortgage lender
To objectively evaluate Movement Mortgage, Fortune examined features that most dramatically move the needle for customers. This includes customer rating, accessibility, and a wide choice of home loan types.
Fortune weighed Movement Mortgage’s willingness to work with many different credit scores and income levels, as well as its dedicated programs to help borrowers meet their goals.
Frequently asked questions
What types of loans does Movement Mortgage offer?
Movement Mortgage offers loans for conventional purchases, new construction, condos, high-balance properties, reverse mortgages, FHA, USDA, VA, jumbo, renovations, DSCR, buy-now-sell-later, and a slew of refinancing options.
Does Movement Mortgage publish rates online?
Movement Mortgage doesn’t publish rates online. You must contact them for more details.
How fast does Movement Mortgage close loans?
Movement Mortgage works to underwrite its loans within six hours and have closing documents sent out and loans processed within seven business days. Movement says that over 75% of its loans follow this timeline.
What is Movement Boost?
In short, Movement Boost is a feature for FHA loans in which your mandatory 3.5% down payment and 1.5% of closing costs can be covered—with the understanding that you’ll pay that money back through a repayable second lien with a rate 2% higher than the first lien rate.
How many branches does Movement Mortgage have?
Movement Mortgage has more than 775 locations around the U.S.