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Resident in Mount Prospect, IL Happy with Home Refinance – Royal United Mortgage LLC

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Prospect Mortgage was a residential retail mortgage lender that offered a range of home loans. The company was founded in 2007 and was headquartered in Sherman Oaks, California with retail offices across the United States. The company was backed by the private equity firm, Sullivan Partners.

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HomeBridge to Purchase Operating Assets of Prospect Mortgage, Becoming One of the Largest Mortgage Lenders in the United States. Iselin, N.J. (November 1, 2016): HomeBridge Financial Services, Inc., a national independent mortgage lender, announced today the signing of a definitive agreement under which HomeBridge will purchase the operating assets of Prospect Mortgage, LLC from Prospect.

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They required an FHA aproved appraiser to obtain the value of my home. I found a local FHA appraiser and confirmed that fact with the Prospect Mortgage loan officer. He appraised my home a certain value. Then prospect mortgage refused his value and wanted to give me tens of thousands of dollars less, which made the refinance unable to be performed.

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