Founded in 2003, CashCall Mortgage is a part of the Impac Mortgage Corporation headquartered in Irvine, CA. CashCall Mortgage specializes in low-interest mortgage rates and mortgage refinancing. The lender offers conventional, FHA and VA loans as well as a Common Sense Loans program for borrowers who require alternative loan qualification methods.
CashCall Mortgage offers the following loan products:
The CashCall Mortgage homepage advertises a featured product with the lowest available rate and, including interest rate, APR, and a flat fee for both a 15-year fixed rate loan and a 30-year fixed-rate loan. The advertised flat origination fee as of August 2019 is $995. With this origination fee, CashCall Mortgage pays many of the third-party closing costs on your behalf, including escrow, appraisal fees, flood certification fees, signing fees, title insurance, and credit report fees.
Since CashCall Mortgage is an online lender, you can upload documents directly through the company’s secure website during the loan application process and login to pay your monthly mortgage payment and manage your loan after closing.
CashCall Mortgage customer service resources include live chat, email, telephone, and callback requests. The company claims to respond to all consumer voicemail and email queries as soon as possible, usually within 24 hours.
CashCall Mortgage specializes in working with borrowers with good to excellent credit, so those with poor credit scores may have difficulty qualifying for a home loan with this company. The exception is the lender's Common Sense Loan program which can work with consumers with bad credit.
CashCall Mortgage’s fixed loan terms come in three different term lengths only: 10, 15, or 30 years. You cannot customize your loan term.
Additionally, CashCall Mortgage is not currently funding adjustable-rate mortgages.