Real Genius Logo

Real Genius

star star star star_border star_border


Overall Score

error This company may not service all states.
See states serviced
LAST UPDATED: November 10th, 2022
Megaphone Icon

ConsumerDirect Mortgage recently changed its name to Real Genius.

As of October 2022, ConsumerDirect Mortgage is now known as Real Genius, but the functions and nature of the company remain the same.

Real Genius, a division of FirstBank and formerly known as ConsumerDirect Mortgage, is a direct lender that provides home loan financing, refinancing, and cash-out home equity services and products. Licensed in all states except Maryland, Real Genius is an equal housing lender and FDIC-insured institution, offering fixed-rate mortgages, adjustable-rate mortgages, FHA loans, VA loans, and Jumbo loans. 

Real Genius rates and terms will be dependent on your zip code, loan amount, credit score, and other criteria. Because rates and terms will vary for each borrower, Real Genius advises getting an official loan estimate through its website before choosing a loan.

Jump down to read Real Genius reviews from real customers.

Top Ranked Companies


The Good

Competitive Mortgage Rates 

Real Genius mortgage rates are competitive within the industry and the company makes it is easy for potential customers to quickly estimate their mortgage rate. Simply complete Real Genius' prequalification application and then compare various rates and terms from multiple lenders. You can compare fixed-rate mortgages and variable-rate mortgages, allowing you to see an estimate of what your mortgage monthly payment could be.

Keep in mind that the interest rate you will receive will be dependent on a variety of factors, such as your credit history and debt-to-income ratio (DTI). The lowest advertised rates are typically only available to those with excellent credit and financial health.

Loan Process

Real Genius' online process makes it easy to understand, apply for, and choose a loan option. The steps are: 

  1. Fill out a mortgage pre-qualification letter request application online.
  2. Receive options based on personal criteria and scenario.
  3. Compare mortgage interest rates and terms.
  4. Choose which offer you want to pursue with a mortgage officer.

This easy and transparent process is a plus for first-time homebuyers. Once the online process has been completed, a mortgage officer or lender will work with you in order to figure out the best rate based on the information that you provided.

Multiple Mortgage Loan Types

Real Genius offers a variety of loan types and mortgage rate flexibility to prospective borrowers:

  • Fixed Rate Mortgage — the interest rate and monthly payment never change. Typical loan terms are 10, 15, 20 or 30 years, but the payment term can be adjusted to meet your needs.
  • Adjustable-Rate Mortgage (ARM) — the interest rate changes after a fixed period. ARMs can be set for 5, 7, or 10 years.
  • FHA Loan — designed to help borrowers with low to moderate income get a loan for a down payment as low as 3.5%.
  • VA Loan — service members, veterans, and family members can get a home loan without a down payment.
  • Jumbo Loan — specifically for loan amounts that are over conforming loan limits, and often require an excellent credit score and a large down payment. 

Lender Credit 

This company is unique in that 99 percent of the loans it funds pay a lender credit towards your third-party closing costs, ultimately lowering your closing costs.

The lender credit amount depends on your interest rate and other personal loan qualification factors, but Real Genius could pay anywhere from $400 to $2,000 of your closing costs.

Refinance and Home Equity Options

In addition to mortgages for a home purchase, the company provides traditional rate and term refinancing, as well as cash-out refinancing, which uses the equity in your home to help pay off high-interest debt.

This can be appealing to many who are seeking to pay off their mortgage loan as soon as possible and who are not wanting to be trapped by steep lender fees for a different refinance option.


The Bad

Not Licensed in Maryland

Real Genius is licensed to lend in all 50 states, except for Maryland. However, not all loan products and options will be available in every state in which the company is licensed.

No USDA Loans

While Real Genius does offer FHA loans and VA loans, two popular government-backed loan products, the company doesn't offer USDA loans. If you are buying a rural property, a USDA loan can be a good loan option, providing low down payment options for qualifying homebuyers.

Lack of Financial Tools 

The Real Genius website is lacking in educational resources to improve the customer experience. It does provide the basic mortgage calculator and refinance calculator, but top companies showcase a variety of other financial tools for open access, such as affordability calculators, amortization calculators, debt-to-income ratio calculators and refinance calculators. 

If you are a first-time homebuyer, extra financial tools and educational resources can be beneficial as you navigate buying your first home.

Real Genius Reviews

From the Real Genius reviews on Best Company it is a bit difficult to tell if customers are satisfied with their experience. Most of the Real Genius reviews are very polarizing in sharing both positive and negative experiences. Most of the Real Genius reviews are exclusively five star or one star reviews.

It should be noted that the amount of reviews on Real Genius' company profile is fairly small, however due to the variance in reviews it is recommended to call one of Real Genius' customer service representatives in order to address any concerns that you may have.

View Best Mortgage Lenders


The Bottom Line

Real Genius sets itself apart from the competition with low rates and a unique lender credit that can go towards closing costs. Additionally, the company claims it outperforms peers in efficiency and speed, although it is unclear how that data is calculated. 

It is important to note that Real Genius is licensed in all states except Maryland. Thus, if Maryland is your state of residence, you will need to look elsewhere for your mortgage needs.

There are mixed reviews regarding the company's customer service and handling of appraisals. Make sure to read Real Genius reviews to see if it can meet your mortgage lending needs or reach out to one a Real Genius representative for more information.

Real Genius reviews are currently limited. If you have financed or refinanced a home loan with this company, please tell us about your experience by leaving a review.

View Best Mortgage Lenders

Was this content helpful?
thumb_up Yes thumb_down No

Star Rating


star star star star_border star_border

26 Reviews

Review Breakdown

5 grade


4 grade


3 grade


2 grade


1 grade


Sentiment Criteria


star star star star_half star_border


star star star star_half star_border


star star star star_half star_border


star star star star_half star_border

Filter by:


Sort by:

star star star star star_border

anthony Cary, NC

Consumer direct for Costco members Their rates and fees for Costco member was great and my loan officer Pat M get 5 star. But!... the process was a bit complicated due to too many out sourcing services, otherwise I would give a full set of 5 stars. To make best of this service I would suggest get your own local closing attorney (or escrow) and your own local title company to avoid misunderstanding and confusion which I had to go through

3 years ago