In a Nutshell
- On-time closing guarantee
- Fully online application and closing process
- Transparent rates and pricing
- Cannot apply for or close your loan in-person
- Doesn’t offer USDA mortgages
Wyndham Capital Mortgage at a Glance
|Direct lender or marketplace?||Direct lender|
|Loan types||Conventional, jumbo, FHA, VA, refinance|
|Loan amount||Varies by location|
|Repayment terms||15, 20, 30 years+|
|Minimum down payment||3%|
|Minimum credit score||None|
|Suitable for||Fully digital mortgage process|
Wyndham Capital Mortgage is a North Carolina-based lender that operates in 45 states and has funded more than $18 million in loans since its founding in 2001. The lender offers a wide range of mortgages and refinancing options, including both fixed-rate and adjustable-rate mortgages.
A big part of what makes Wyndham Capital Mortgage stand out is its fully digital lending process. You can get a rate quote, apply for pre-approval, and close your loan online. You have the option to talk to a loan officer at any time, but there are no physical branches for in-person help.
Wyndham Capital Management can typically close a mortgage in just a few weeks. The company also guarantees on-time closing and offers a $10,000 bonus if your signing is late.
Wyndham Capital Mortgage is most suitable for homebuyers who want an all-digital mortgage experience. The company allows you to not only get a quote and pre-approval online but also to close your mortgage with an e-signing instead of a traditional paper signing.
Another benefit to Wyndham Capital Mortgage is that this lender doesn’t require a minimum credit score. You must have a score of 580 to apply for an FHA loan, but you can qualify for a conventional mortgage with a credit score of 500 or lower.
Wyndham Capital Mortgage can also be a good option for buyers and refinancing homeowners who want to close quickly. This lender beats the industry average time-to-closing in 60% of cases and offers an on-time closing guarantee.
Types of Loans/Products
Wyndham Capital Mortgage offers both mortgages and refinancing. You can choose between conventional, jumbo, FHA, and VA mortgages, although the company doesn’t offer USDA mortgages. You can also choose between a fixed-rate or adjustable-rate mortgage and the lender allows you to purchase points to reduce your rate.
- Rates from 2.118% APR
- Minimum 3% down payment
- No minimum credit score required
- 15, 20, and 30-year terms
- On-time closing guarantee
The Application Process
The Wyndham Capital Mortgage application process is entirely online. You’ll need to input details about yourself, your finances, and the home you’re interested in buying. You can submit all required supporting documents, such as pay stubs and tax returns, online. If you need help at any point during the process, you can get in touch with a loan officer by email or over the phone.
Wyndham Capital Management offers fixed-rate and adjustable-rate mortgages with 15, 20, and 30-year terms. You can get a personalized rate quote online in minutes, and the lender is transparent about how much it costs to purchase points that reduce your interest rate. For a $550,000 home in Washington, Wyndham Capital Management offers rates as low as 2.118% APR for a 15-year mortgage or 2.742% APR for a 30-year mortgage.
Help & Support
You can get in touch with a Wyndham Capital Mortgage loan officer by email or over the phone. Support is available from 8 am-5:30 pm (ET) Monday-Friday.
Phone: (888) 923-9911
Wyndham Capital Mortgage offers a fully online process for setting up your mortgage or refinance loan. The lender offers a wide range of mortgages with fixed or adjustable rates. You can get a rate quote online in minutes and easily contact a loan officer for help with the application process. Wyndham Capital Mortgage typically closes mortgages faster than the industry average and offers a $10,000 bonus if your closing is late.
Can I close my mortgage in person?
Wyndham Capital Mortgage is fully digital, so you must e-sign documents to close your mortgage. The lender does not offer in-person closing.
Is Wyndham Capital Mortgage available in all states?
Wyndham Capital Mortgage operates in 45 states. Mortgages are not available in New York, Hawaii, Alaska, Massachusetts, or North Dakota.
What documents do I need to apply for a mortgage?
You will need to provide proof of income, tax returns, and documentation of any outstanding debts.
Can I be pre-approved for a mortgage with Wyndham Capital Mortgage?
Yes, Wyndham Capital Mortgage offers pre-approval, so you can shop for a home with an offer already in place.
Wyndham Capital Mortgage, 4064 Colony Rd. Morrocroft 2, Floor 2, Charlotte, NC 28211
This review was created using information from the Wyndham Capital Mortgage website and LendingTree.