5.0
7.1
Overall Score
Lenox Financial Mortgage Corporation DBA ("doing business as") WesLend Financial (Lenox/WesLend) provides simple mortgage solutions to borrowers across the country, specializing in fixed-rate loans, adjustable-rate mortgages (ARM), FHA loans, VA loans, and USDA loans. In addition, the company offers "no closing cost loans".
Lenox Financial Mortgage Corporation DBA WesLend Financial provides mortgage services to 32 states.
Lenox Financial Mortgage Corporation is more widely known under the WesLend Financial name because it does business under that name in in a wide range of states. Lenox Financial Mortgage Corporation (not doing business as WesLend) only offers home loan products in seven states: Louisiana, Minnesota, Missouri, New York, South Carolina, Tennessee, and Virginia.
Lenox Financial Mortgage Corporation DBA WesLend Financial is licensed to lend in 32 states, an increase of 25 states covered by Lenox Financial itself.
WesLend Financial offers a variety of loan options:
To choose which loan type will best fit your needs, a WesLend mortgage professional will work with you and your finances.
WesLend provides updated rates on its website. Mortgage rates change frequently, if not daily, based on the market. But, WesLend consistently offers lower rates than you might see with other online mortgage lenders.
However, WesLend’s lowest advertised rate will typically only be available to those with excellent credit, a strong credit history, and the ability to pay at least 20 percent down on their loan. The lowest rate can’t be guaranteed.
WesLend offers a "no closing cost home loan" option, allowing you to skip the closing costs on your mortgage — a unique practice in the mortgage industry. However, the no closing cost options are not available in Washington.
Approval for this loan product is not guaranteed. To determine whether or not you are eligible for this loan product, you will need to get a quote, which can be completed quickly on either the Lenox Financial Mortgage Corporation or WesLend Financial website.
If your financial circumstances change during the life of your loan, you can assess different home loan assistance options with a WesLend representative. Certain information and documentation is required, and it is your responsibility to contact the company if you foresee or experience any changes in your ability to make your monthly payment.
WesLend provides three helpful mortgage calculators to assist you in preparing for your home purchase or refinance:
For its conventional loan products, WesLend requires a five percent down payment. Many other lenders require a three percent minimum down payment.
However, WesLend does have three percent down payment options for eligible first-time homebuyers.
WesLend Financial, an affiliate of Lenox Financial Mortgage Corporation, services a wide range of states across the nation and offers traditional loan types with competitively low mortgage rates.
One benefit of borrowing from WesLend for your mortgage needs is the company’s “no closing cost home loan” product that could save qualifying borrowers hundreds of dollars at the close of their mortgage.
WesLend reviews are currently limited, but all reviews award the company 5 stars. Common praise for the company includes the following:
More than anything, WesLend customers are quick to praise the company's personlization and communication throughout the mortgage process — customer questions and concerns are addressed quickly, and company representatives ensure that customers are informed throughout every aspect of the process.
Filter by:
Sort by:
Review Source
Matt H Indianapolis, IN
1 year ago
Review Source
Natalie McClure Athens, GA
1 year ago
Rick Ragon Weatherford, TX
1 year ago
Tina N Tilton, NH
1 year ago
Review Source
Erik Zubizarreta Fort Worth, TX
1 year ago
Review Source
Cal Stringham Sandy, UT
1 year ago
Review Source
Elizabeth J Pearson Saint Paul, MN
1 year ago
Review Source
David Wilson DeLand, FL
1 year ago
Sandi Collins Columbia, MD
1 year ago
San Juan Fontana, CA
1 year ago
Review Source
Marshall Love Fort Worth, TX
1 year ago
Review Source
Rod H. Thousand Oaks, CA
1 year ago
Review Source
Gregory JW Scottsdale, AZ
1 year ago
Review Source
Erika Zeidler Katy, TX
1 year ago
Review Source
C6nthia Cole Santa Ana, CA
1 year ago
Mike Richardson Wilsonville, OR
1 year ago
Paul Yarnell Austin, TX
1 year ago
J D San Jose, CA
1 year ago
Review Source
Senor JJ Latrobe, PA
1 year ago
Ken Roper Goodyear, AZ
1 year ago
Review Source
Karl Tyson Troy, MI
1 year ago
Julie Jones Corona, CA
1 year ago
Review Source
Chris Schaper Overland Park, KS
1 year ago
Naseem Inderias Loma Linda, CA
1 year ago
Review Source
Cevin Ormond LLC San Jose, CA
1 year ago
Review Source
Yvonne Mitsonis San Francisco, CA
1 year ago
Review Source
Mary Ma Bedford, MA
1 year ago
Review Source
Glenn Murdock Fort Myers, FL
1 year ago
We're on a mission to empower consumers to make the best decisions and connect confidently with companies that deserve their business.
© 2023 BestCompany.com LLC - All rights reserved Privacy Policy | Terms | Do Not Sell My Personal Information