Beeline Loans Review

ByChristian RiggNov. 23, 2020

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In a Nutshell

Beeline links directly to your bank, employer and tax information, and leverages the power of machine learning to provide rapid, personalized loan proposals.


  • Online application and approval process
  • Machine-learning speeds up approval times
  • Direct links to applicant data ensures reliable results


  • $60 credit report fee
  • Hard credit pull may affect credit score

Beeline Loans at a Glance 

Direct lender or marketplace? Direct Lender
Loan types Purchase, Refinance
Featured Loans Fixed-rate, adjustable rate
Repayment terms 15 to 30 year loans
Minimum Down Payment Varies based on loan type
Minimum Credit Score Varies based on loan type
Suitable for Fully online, rapid approval


Beeline is an independent mortgage provider that offers quick, online assessments and loan approvals for both purchasing and refinancing. Linking directly to prospective borrowers’ bank accounts, tax history, and employment information, Beeline uses machine learning to rapidly create a unique, reliable lender’s profile, for rapid approval on conventional mortgages without you ever needing to leave home. Despite this highly automated approach, Beeline also boasts great customer service. 

Suitable For?

Individuals looking for a fully automated, modern, online mortgage service that guarantees quick results and the lowest rates available, with price-matching, and without sacrificing customer service. 

Types of Loans/Products

Beeline offers a wide variety of loans. 15-, 20- and 30-year fixed-rate mortgages are available, as well as 3/1 (fixed rate for 3 years, adjusted every following year), 5/1, 5/5 (fixed rate for 5 years, adjusted every 5 following years), 7/1, and 10/1 adjustable-rate mortgages with low initial payments.

Information on credit requirements, APR, down payments, specific loan terms, and eligibility can be found in Beeline's extensive help section. 

The Application Process

The application process is easy and quick, especially compared to traditional lenders, and can be done on your smartphone. The process can be broken down into 5 main steps, and takes about 15 minutes in total. 

  1. Create your profile (2 minutes) – this helps keep your information safe and secure, with Beeline’s bank-level encryption and security. You’ll be asked to give your first and last name, date of birth, cell phone number, email address, and password. 
  2. Your down payment (7 minutes) – securely link to your bank account, using the same technology as Venmo and Amex, and add additional assets like property, gifts, shares, grants to get a global picture, then decide on your down payment.
  3. What you make (4 minutes) – indicate your employment status and upload pay stubs (W-2s) for automatic verification.
  4. What you owe (2 minutes) – you’ll be asked to confirm your address, and the automatically checks your credit rating and lists an overview of your debts and liabilities. 
  5. Wrap it up (1 minute) – lastly, you’ll provide information on citizen, marital, and current living status, any dependents, etc., followed by a series of questions regarding your personal and legal situation, the property, etc. 

Rates and Fees– The Bare Basics 

Beeline offers competitive rates for all their offerings for various types of lenders.

Unlike many mortgage lenders who do not disclose rates, Beeline advertises their rates right on their website. Users can view rates for both home purchasing and refinancing, as well as  customize their loan scenario in order to view rates they actually prequalify for.

Beeline doesn’t charge origination or processing fees, thanks to their highly automated service. Beeline even allows you to pay appraisal costs (usually up to $600) at closing, along with other closing costs like third-party and title fees. 

Repayment Terms

Loan lengths vary from 5 to 30 years, with different terms available for most loans. APR information is available once you’ve gone through the application process. 

Help & Support

Beeline has no shortage of 5-star customer reviews attesting to a motivated and supportive staff. Their site includes an extensive FAQ and Knowledge Base. You’ll also be supported throughout the process by a dedicated Loan Guide who can contact directly on text, DM, live chat, email or phone call.


As we’ve seen, Beeline is a mortgage company for the 21st century. With a smooth and modern that guides you through the application process from start to finish, and lightning-fast approvals that run on machine learning - there’s a lot here to peak one’s interest. Beeline also doesn’t charge any origination or processing fees, and will price-match if you find a cheaper loan, though they do charge a $60 credit report fee. 


Why is Beeline only available in DC, FL, MD, MA, RI, TX and VA?

These are the states whose laws work well with the digital real estate processes that Beeline relies on for its quick lending service. 

How does Beeline keep user information safe?

Data is stored in read-only formats, and only the artificial intelligence at the heart of the service has access to it. Beeline never stores user credentials, and relies on two-factor authentication to secure the app. 

What makes Beeline stand out?

Beeline’s AI, and the fact that it connects directly with your bank accounts, is a big step forward in automating the home loan process. As a result, application and approval is less complex and more streamlined. The workload involved in traditional applications is greatly reduced, and with it, the stress of getting a traditional loan.

Why is Beeline so much cheaper? 

Beeline’s technology helps remove costly steps and automate the whole process, so less time, manpower and money goes into creating your profile, approving your loan, and guiding you from interested party to home owner. Basically, they keep costs low, and pass the savings onto customers. 

Physical Address

188 Valley Street, Suite 225, Providence, RI 02909.

Beeline Loans customer testimonials

GreatReviews 6
TrustPilot is the world’s most powerful review platform, free and open to all.
  • author
    Jan 12, 2021
    The services were phenomenal

    The services were phenomenal. Answers are given when questions are asked


  • author
    Mitch Moyer Mitch M
    Dec 20, 2020
    Beeline- Give The New Team A Chance- You’ll Be Glad You Did

    In preparation for my refinance, I did my homework on Beeline. Reviews reflected highly competitive rates along a new level of service led by tech savvy associates. Rebecca was my first point of contact and she was all that was described and more. Her customer service was through the roof and she put any concerns I had all to rest as I’m not the most knowledgeable person when it comes to uploading documents and using what is now basic tech skills. She was customer friendly, always reassuring and best of all, always accessible on short notice. Rebecca transitioned me to Greg who was equally personable and deeply knowledgeable about the process, the expectations, traditional customer worries and the nuisances of successfully bringing such an important step in life to a successful conclusion. And, Greg helped us do just that and in a joyful and timely manner. Special Kudos to this outstanding professional as he worked tirelessly and at times of the day that I’m quite certain that others in his industry had already called it a day. In my way of thinking and from this highly successful experience, once again it demonstrates it’s always about the standard and expectations in regard to communication and follow through along with the “A+ Attitude” of those on the front line, that makes all the difference in the world. Rebecca and Greg made a lasting and positive impression with their people and technology skills in route to making life better for me and my family. GO BEELINE - YOU’RE NUMBER ONE ON THE CHARTS!


  • author
    Mary Carole McCauley
    Dec 20, 2020
    Low rates, great customer service

    Beeline is a new entrant in the mortgage biz, but if they can keep doing business the way they’re doing it, I worked with them for only a few weeks because of prior commitments to a different lender. But, I’d work with them again in a heartbeat. They’re smart, they’re honest, they do what they say they’re going to do when they’re going to do it, and they’re extremely accessible. Their rates are unbeatable, their closing costs are low, and Evan Zalios was even able to obtain a waiver for a refi appraisal — something three previous lenders were unable to achieve. It’s a winning combination. Moreover, the nature of the mortgage biz (you’re in and out in 30 days and don’t pay most costs until closing) makes working with them low-risk, at least for a refi. Even their website is appealing and extremely user-friendly. I’ve been singing their praises to family and friends.


  • author
    Pierre Lipton
    Dec 02, 2020
    Best rates on the market

    Incredibly impressed by Beeline’s rates and commitment to being competitive in the marketplace. They put customer happiness first, and you can feel it.


  • author
    Oct 20, 2020
    Hands down best mortgage interaction!

    Beeline originated my loan at a great rate and the closing was smooth as ever. I was put at ease with their customer service and care during what is typically a hassle of a process. It really felt like you had someone there for you at all times. All team members working the loan from start to finish were great! I'll continue to return to Beeline for all of my mortgage needs!


Beeline Loans