Eligibility.org Mortgage Review

While not a direct lender, Eligibility.org’s services can help you better understand the path to securing a home loan. You can use its services to learn about eligibility requirements for four of the most popular kinds of home loans, including VA, FHA, USDA, and Conventional home loans. You can view these requirements at a glance, or you can go through Eligibility.org’s free eligibility questionnaire to better understand your specific loan eligibility.

After completing this questionnaire, which only takes a couple of minutes, you’re connected with a real lender to discuss your financing options. In this sense, Eligibility.org is not just an educational platform, but also a home loan concierge service as well.

Pros and Cons of Eligibility.org

Pros:

Cons:

What’s Available on Eligibility.org?

As we mentioned, Eligibility.org is not an actual loan provider. Instead, it helps people understand where they are in terms of eligibility for four of the most types of home loans: VA Home Loans, FHA Home Loans, USDA Home Loans, and Conventional Home Loans.

In case you’re unfamiliar with these loan types, here’s a short description of each from the site:

More than just a synopsis and eligibility requirements, as you’ll see upon navigating to the site’s “Home Buying” section and scrolling down, you can also view each loan type’s specific benefits, as shown below:

Regardless of what loan type you choose, it’s difficult to say what you can expect in terms of rates as it’s not actually Eligibility.org providing the loan. And details will change depending on your chosen loan type, specific financial situation, credit score, and other related factors. Only after filling out the site’s questionnaire and being connected with an actual lender will you have an accurate picture of your specific loan details.

This may seem like a drag, but the site’s quick eligibility questionnaire, which typically takes only a couple of minutes to complete, is perhaps the quickest and most convenient way to understand whether or not you’re eligible for a home loan in the first place. Instead of searching the web, making calls, and generally having to research your home loan options one-by-one, you can simply take a couple of minutes to answer some simple questions, automatically connect with an actual lender, and hear from a professional what you are and aren’t eligible for.

How It Works

If you’re just interested in learning about the various different types of home loans available, you can simply navigate to the “Home Buying” section, scroll down to where the descriptions are, and read through the provided material.

Or, if you’re interested in learning about a specific loan type, you can click on that loan type’s box at the top of the page to be brought to a dedicated page. It’s worth noting that while both VA loans and Conventional loans have dedicated pages on Eligibility.org, clicking on either “FHA Loan” or “USDA Loan” will take to you a partner site — FHAloans.com and USDAloans.com respectively.

If you’re more interested in filling out a loan type’s eligibility questionnaire, the process is similar: Simply navigate to the “Home Buying” section of the site and click on your desired loan type from the options at the top of the page. You’ll then be brought to a portal where you’ll be asked to answer a number of questions to determine your eligibility.

After answering these questions, Eligibility.org will then connect you with a lender to discuss your eligibility and go over your options.

The Takeaway

You may not be able to get a loan directly from Eligibility.org, but you can accomplish just about every other step required to secure one. You can learn about the most common home loan options available, who each option is best suited for, as well as their respective benefits and eligibility requirements. This alone frees up significant time and headache trying to research the world of home loans yourself.

Beyond this, you can fill out a quick online questionnaire to determine your specific home loan eligibility in just a matter of minutes. After answering just over a dozen simple questions, you’re connected with an actual lender to discuss your eligibility and loan options. Again, compared to tracking down lenders one-by-one, this is a much quicker and easier process.

If you’re in the market for a home loan and don’t know where to start, or you’re simply looking for the best options available to you, it’s worth your time to visit Eligibility.org and fill out a free eligibility questionnaire.