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Semper Home Loans, Inc. is based in Rhode Island and receives great reviews, at least from customers. Semper’s range of loan products available is broad and includes fixed rate mortgages, adjustable rate mortgages, FHA loans, VA loans, jumbo loans, HARP refinance services: mortgage refinancing, cash-out refinancing, new home loans, and reverse mortgages, down payment loans for first time buyers, renovation and construction loans. Each has its own characteristics but they are all subject to evaluation in relation to your own financial situation.

Semper Emphasizes Personal Service from Experienced Loan Counselors

Semper describes the right loan as financially feasible, aligned with the borrower’s goals as a homeowner and ultimately leaves the clients in a better place than where they first started. Their status as empowered to issue the broad range of government loans does bode well for their level of expertise. Semper’s description of the qualifying standards for these loans is nonexistent and their less than bullet point descriptions are very thin. There is very little information offered before they want your financial details. The site repeatedly directs you towards either contacting their loan counselors directly or to begin to apply for the loan.

Borrower Heads Up – The Terms and Conditions are Less than Transparent

The costs of the loan as far as fees and service charges are not as clearly described or centered in this company’s description of their services. Remember, all retail home loan companies charge you for the privilege of their expertise and service in setting up, evaluating and processing the loan application. Finding out what those costs are is very relevant to your eventual financial obligation and more importantly how much upfront money it costs to get the loan. So much is left unknown from working their site that it functions more like an advertisement than a tool.