Prosperity Home Mortgage review 2026

Core Insights - Prosperity Home Mortgage is recognized for its prompt customer service, financial assistance, and diverse home loan options [1] Product Offerings - Prosperity Home Mortgage provides various loan products, including government-backed loans, conventional loans, and investment property loans [4][25] - The company offers closing cost credits up to $750 for qualified borrowers and has rapid-close and minimal-documentation options [4] - Mortgage rate locks are available for up to 90 days, with potential for longer locks at additional fees [4] - The lender does not originate loans in Hawaii or Iowa [4] Customer Satisfaction - Prosperity Home Mortgage is rated above average for customer satisfaction among mortgage lenders according to J.D. Power [4][19] - The company has received a score of 2 out of 5 stars for both mortgage rates and total loan costs, indicating below-median mortgage rates of 6.625% and higher-than-median total loan costs of $6,768.20 [14] Online Resources and Tools - The company offers a robust online platform with tools such as mortgage payment calculators, financial breakdown calculators, and a rent vs. buy calculator [18][26] - Educational resources include a glossary, articles, guides, and a blog providing regular mortgage market updates [18][26] Comparison with Competitors - Compared to Rocket Mortgage, Prosperity offers fewer loan options but includes USDA mortgages, while Rocket tends to have lower rates [20][21] - Fairway Independent Mortgage provides a wider variety of loan types and specializes in FHA loans, which may be more suitable for certain borrowers [22] Ownership and Loan Servicing - Prosperity Home Mortgage LLC is owned by HomeServices of America, an affiliate of Berkshire Hathaway [23] - The company typically does not retain servicing rights for the loans it originates, transferring them to third-party services shortly after closing [24]