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J.G. Wentworth

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Author: Kaitlyn Short

LAST UPDATED: June 3rd, 2022
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Attention: J.G. Wentworth Home Lending was acquired by Freedom Mortgage.

Visit Freedom Mortgage for expanded mortgage products and services.

 

Please note: Information in this company profile may not be current and/or accurate.

Established in 2000, J.G. Wentworth began to offer multiple financing options to its customers, home loans being one of the services. Whether you’re buying your first home, your next home, a vacation home or rental property, their loan officers will help you carefully assess your needs. Then they will help you to find the best loan program for you with their mortgage loan technology.

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The Good

  • Fees and Closing Costs 
  • Coverage 

Fees and Closing Costs

Even though you will pay closing costs with J.G. Wentworth, the costs will still be much lower compared to other home loans financial institutions. It is estimated that you might only pay $725 in closing cost to J.G. Wentworth. 

Coverage

Currently, J.G. Wentworth covers 46 out of 50 states in the United States. 

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The Bad

  • Time in Business 
  • Mobile App

Time in Business 

J.G Wentworth only has been in business since 2000, which is considerably less experience than other leading financial institutions. Time in business does not always reflect quality; however, businesses in this industry tend to be more credible the longer they've been in business.

Mobile App 

J.G. Wentworth doesn’t offer a mobile app. Not having a mobile app might make it difficult to make electronic payments and keep track of your financial information on your mobile device. 

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The Bottom Line

J.G. Wentworth offers competitive interest rates, competitive closing costs, and covers 46 out of 50 states in the US. However, the company doesn’t offer a mobile app, and might not have as much experience as other financial institutions. 

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Star Rating

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3 Reviews

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1 grade

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Review Source

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Patrick L Sugrue Ooltewah, TN

We applied for a loan with J.G Wentworth as part of CostCo's mortgage assistance program. The loan officer was fantastic. She was very available to answer all our calls and expedited our loan as a result of her hustle and responsiveness. This was in 2016 and most companies were taking a minimum of 45 days. J.G. got our loan approved and closed in less than 30 days. While we were overwhelmed with paperwork to submit, guess that's the normal procedure these days. She was with us every step of the way and always with a cheerful disposition. Great Job J.G. Wentworth. Shortly after our loan closed, it was sold to another bank but that process was seamless and no problem.

3 years ago