Friday, January 31, 2020

PLANET HOME LENDING, LLC Consumer Complaints

At Planet Home Lending, we want to make sure you get the right home loan for your financial goals. Whether it’s purchase or refinance, cash-out or remodel, we offer great loan products, excellent service, and a dedication to your needs that doesn’t end at closing. Due to Covid we applied for a Mortgage Forbearance and received it. We just had our loan readjusted now that the forbearance has ended. We were treated very fairly and anytime I contacted Customer Service, they were polite and answered all my questions. We have been with Planet for a number of years and have found them to be a very professional business.

planet home lending reviews

However, BBB does not verify the accuracy of information provided by third parties, and does not guarantee the accuracy of any information in Business Profiles. They were communicative, set appropriate expectations, and responded quickly and thoroughly when I had questions. This was the best experience I have ever had in acquiring a home mortgage. I highly recommend Planet Home Lending. Editorial and user-generated content on this page is not reviewed or otherwise endorsed by any financial institution. In addition, it is not the financial institution’s responsibility to ensure all posts and questions are answered.

Chris Lewis' Reviews

3 different officers were in contact with us and all 3 had more or less information than the other 2. Refused to explain questions we had replying with non answers. Unfortunately we were forced to use PHL due to previous transactions and very little time to complete the close. One officer was despondent and condescending. Another was very out of touch with the process and the other was a supervisor who wouldn't take responsibility for the other 2. Finder monitors and updates our site to ensure that what we’re sharing is clear, honest and current.

planet home lending reviews

My mortgage was bought buy this company and their customer service is absolutely terrible. I can’t believe the amount of different answers I get from different people. The first person I talked to told me that the mortgage assumption process could take up to 90 days. Then, I was told up to 6 months a week later when I called them because at this point they were suppose to reach out to the people who were assuming my loan. During this phone call they told me that they aren’t even going to start on the process until November 10th. I then called November 11th to see why they didn’t send the people assuming my mortgage an email like they said they would and they then said we will do it as soon as possible.

What types of mortgages can I get through Planet Home Lending?

I don’t know how they get away with it. If your mortgage ends up here, best to refinance and stay away. I feel like 2 months have been wasted dealing with this company. I was approved but I'm not going further as price on home in only 190,000 and they want 70,000 down and my payment is still over 1200 month for 30 years. I am extremely happy with the service I received.

planet home lending reviews

Streamline your mortgage from quote to final payment — all from your computer or phone. This is of course a tourist trap but still disappointing. Very slow service, my food took one hour to get.

My phone payment I made was returned to by bank as NSF. Will PHL try to run payment again?

This stylish new aparthotel delivers the perfect blend of home and hotel, offering beautifully designed studio and one bedroom apartments right beside Frankfurt Airport. This aparthotel also boasts a Staycafé, fitness room and handy pantry, everything you need to work, relax and explore Frankfurt. The convenient location is just a 3 minute drive to the airport (1.2km) or a breezy 7 minute walk.

planet home lending reviews

Our information is based on independent research and may differ from what you see from a financial institution or service provider. When comparing offers or services, verify relevant information with the institution or provider's site. Talk with a financial professional if you're not sure. Planet Home Lending is not accredited by the Better Business Bureau as of July 2022, though it earns a rating of 4.08 out of 5 stars from 374 reviews. The BBB gives the lender an A+ rating for answering 154 complaints over the last three years. Planet Home allows you to refinance your home to cash out on your home’s equity, lower your interest rate or change the terms.

Great choice of food on menu and delicious. Downside is no parking, there is a parkhaus close by however if you have a roof box on top of the car like we do the height clearance might not be enough. Some of the more popular amenities offered include free wifi, a lounge, and a fitness center. Excellent hotel, well priced, in a perfect location for the airport.

No training period, and no support structure in place to get loans closed. Get started with your Free Employer Profile to respond to reviews, see who is viewing your profile, and share your brand story with top talent. Hello, Kaitlyn – Thanks for sharing your thoughts. We’d welcome the opportunity to speak to you more about your individual situation. Please email your contact information to so we can discuss with you. It goes against our guidelines to offer incentives for reviews.

BBB Rating & Accreditation

As a matter of policy, BBB does not endorse any product, service or business. BBB Business Profiles generally cover a three-year reporting period. BBB Business Profiles are subject to change at any time.

planet home lending reviews

Planet Home offers a small list of mortgage products with no real stand-out items. If you’re looking for a conventional or government-backed mortgage, this lender provides all the standard options and finances Jumbo loans up to $3 million. These loans offer more flexible guidelines and allow you to use alternative verification, such as bank statements to prove credit history or liquid assets as collateral on your home. This stylish aparthotel delivers the perfect blend of home and hotel, offering beautifully designed studio and one bedroom apartments right beside Frankfurt Airport.

But most reviewers praise the good communication of their loan officers. Compare top brands by home loan type, state availability and credit score. Select See rates to provide the lender with basic property and financial details for personalized rates. We're happy to hear that we've delivered excellent customer service. Letting others know we helped you means the world. FHA loans require a 10% minimum down payment for all credit scores below 580.

Borrowers who qualify for a VA loan or USDA home loan can get a mortgage with zero money down as well. They call it Skymore, an AI-powered personal digital mortgage assistant that allows borrowers to apply via their smartphone if they wish. You can also simply call them up directly to speak to one of their mortgage loan specialists to get the ball rolling.

All around wonderful company to work for.

Derrick was awesome to deal with and went above and beyond on several occasions to help with complex situations, streamline what needed to be done, and provide updates. I'd highly recommend Derrick & team at Planet Home Lending. Sean is one of the most professional and forth right individuals I have ever had the pleasure of doing business with. From start to close this man and his team were "on it" and got everything done plus more.

Answer whether you are already working with a loan officer and if you were referred by someone.

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