CrossCountry Mortgage rates
CrossCountry does not publish daily rates on its website. To get an estimate of the rates CrossCountry Mortgage offers, you’ll have to speak with a CCM loan officer to get a custom quote.
However, recent data show that CrossCountry’s mortgage rates, closing costs, and underwriting fees are lower on average than some other lenders. So there’s a good chance you could find a good deal — but you’ll have to get a custom quote to know for sure.
Average 30-year mortgage rates at major lenders
| CrossCountry Mortgage | Rocket Mortgage | Wells Fargo | Freedom Mortgage | |
| Avg 30-Yr Interest Rate, 20211 | 3.16% | 3.00% | 3.14% | 2.66% |
| Median Total Loan Costs, 2021 | $5,430 | $4,670 | $3,600 | $3,880 |
| Median Origination Fee, 2021 | $1,590 | $2,430 | $1,330 | $0 |
Average rate and fee data sourced from public rate and fee records required by the Home Mortgage Disclosure Act (HMDA).
CrossCountry Mortgage review for 2024
Founded in 2003 in Brecksville, Ohio, CrossCountry Mortgage, LLC is one of several mortgage companies that have entered the real estate market in the 21st century.
On its website, CrossCountry says:
"Our mission is simple: to provide you with the best possible advice and benefit to your financial needs while facilitating a straightforward, transparent mortgage process for buyers, sellers and realtors."
And, judging from its customer feedback, CrossCountry largely achieves these goals. There are relatively few complaints and plenty of five-star reviews.
For some people though, CrossCountry might put a little too much emphasis on the borrower-lender relationship. You can’t even get a rate quote online without speaking to a real-live loan officer first.
People that prefer tech-first mortgage lending might not appreciate this. However, those that want a more human experience will find a lot to like at CrossCountry mortgage.
Working with CrossCountry Mortgage
CrossCountry’s website is clean, informative, and helpful. It includes a mix of articles, video content, and FAQs to get borrowers the information they need about home loans before applying. Buyers can even use its mortgage calculator to estimate the mortgage payment of their new home.
However, you have to hand over personal data to dig below the surface. There are no general mortgage rate estimates provided, which many lenders show upfront on their websites.
And it’s hard to get a feel for CrossCountry’s “back-office functionality” (the things its IT systems can do that you don’t see) before you make an application. However, if the comapny’s claim that it “can close most loans in as few as 21 days” can be taken at face value, it must have some pretty smart technology behind the scenes.
For home buyers, CrossCountry provides mortgage preapproval through its FastTrack Credit Approval Process. As with most lenders, this process will require you to provide financial documentation verifying your income, credit, and debts, then provide you with a preapproval letter to help you make a verified offer on the home you want.
Perhaps this lender’s greatest strength is its focus on building strong relationships between borrowers and loan officers.
Of course, that won’t appeal to home buyers and homeowners who prefer an end-to-end online experience. But if you like to engage with living, breathing people, this lender might be for you.
CrossCountry customer service reviews
An abundance of good reviews — and lack of official complaints — suggest that CrossCountry Mortgage customers are generally happy with the company’s service.
The Consumer Financial Protection Bureau (CFPB) records all official complaints that borrowers file against their mortgage lenders. And in 2021, only 46 customers filed for issues with CrossCountry Mortgage. That’s less than 1 per 1,000 borrowers.
In addition, CrossCountry earns an average review score of 4.53 out of 5 across a variety of review platforms including Bankrate, LendingTree, and Zillow.
Customer service reviews at major lenders
| CFPB Complaints, 20214 | Complaints Per 1,000 Mortgages, 20215 | J.D. Power Satisfaction Score, 20216 | |
| CrossCountry Mortgage | 46 | 0.21 | 874/1,000 |
| Rocket Mortgage | 376 | 0.24 | 876/1,000 |
| Wells Fargo | 488 | 0.58 | 832/1,000 |
| Freedom Mortgage | 262 | 0.35 | 829/1,000 |
Mortgage loan products at CrossCountry
One of CrossCountry’s strengths is the breadth of its loan options. It offers as many loan types — if not more — as much bigger lenders.
CrossCountry’s mortgage options include some loans with zero or low down payment requirements. You could also borrow using a home equity loan, home equity line of credit (HELOC), or a reverse mortgage.
No matter the type of home loan you need, there’s a good chance CrossCountry has what you’re looking for:
- Conventional loans: The most popular loan option when buying a new home, these conform to limits set by Fannie Mae and Freddie Mac, which are currently $ in most of the U.S. First-time home buyers may even qualify for a conventional loan with only 3% down
- VA loans: Only for eligible military members and veterans. VA loans offer zero down payment requirement, low rates, no continuing mortgage insurance payments, and easy credit thresholds
- USDA loans: Only for eligible borrowers and homes in designated areas. USDA loans offer zero down payment and easy credit thresholds
- FHA loans: Loans backed by the Federal Housing Administration (FHA) let you buy with as little as 3.5% down and easy credit thresholds. But you’ll pay mortgage insurance until you move or refinance. Additionally, CrossCountry Mortgage offers an FHA 203(K) home loan for buyers who are purchasing a property in need of significant home renovations
- Jumbo loans: Jumbo loans are for loan amounts larger than the conventional limit. CrossCountry lets you borrow up to $5 million
- Fixed-rate loans: Most people choose a fixed-rate mortgage (FRM), which has a steady interest rate over the entire life of the loan. CrossCountry offers FRMs ranging from 10 to 30 years
- Adjustable-rate loans: Adjustable-rate mortgages (ARMs) have a stable interest rate for the first 3, 5, 7, or 10 years, and then your rate floats with the market for the rest of the loan term
CrossCountry may also be able to help if you want to borrow on real estate investment properties or you need a “bank statement loan.” That’s one based on your bank statements rather than on tax returns and pay stubs.
Refinancing loan options at CrossCountry
Homeowners looking to refinance their current mortgage may find what they’re looking for with this mortgage company. CrossCountry Mortgage offers several refinancing options to lower your monthly payments, shorten your loan term, take cash out, drop mortgage insurance, or change your loan type.
- FHA Refinance
- FHA Streamline Refinance
- FHA Cash-Out Refinance
- FHA 203(k) Refinance
- VA IRRRL (VA Streamline Refinance)
- USDA Rural Streamline Refinance
- Jumbo Refinance
Each refinancing program has its own rules and requirements, so speak with your CCM loan officer about your options.
Where can you get a mortgage with CrossCountry?
NMLS ID: 3029
If you happen to live near a CrossCountry branch, you can sit down across the desk from a loan officer and enjoy face-to-face customer service.
CrossCountry currently has active branches across 47 states, according to NMLS Consumer Access. These include:
- AK, AL, AZ, CA, CO, CT, DE, FL, GA, HI, IA, ID, IL, IN, KS, KY, LA, MA, MD, ME, MI, MN, MO, MS, MT, NC, NH, NJ, NM, NV, NY, OH, OK, OR, PA, PR, RI, SC, SD, TN, TX, UT, VA, WA, WI, WV, and WY
If your state has no branches — or your local branch is far from home — your starting point will probably be CrossCountry’s website, which will undoubtedly suggest a phone call with a loan officer. Because it’s licensed in all 50 states, anyone can start the home loan process online.
You’ll likely have to provide your social security number, driver’s license and wage details to get even a rough idea of the deal you might be offered. And that process may also involve a credit check.
You can always use the website to find your nearest CrossCountry loan officer’s contact details, including phone number. But, when you call, they will likely require the same information to progress your inquiry far.
Is CrossCountry Mortgage the best lender for you?
CrossCountry might not be the best choice if you’re looking for an end-to-end digital mortgage process. But if you appreciate a personal touch, CrossCountry could be the best lender for you. Its customer service gets great reviews and the company focuses on building strong borrower-loan officer relationships.
No matter how invested you are in working with CrossCountry, be sure to get a personalized mortgage rate quote and compare it with loan estimates from a few other companies. That’s the only way to know if you’re getting the best deal on your mortgage.
Methodology
The Mortgage Reports considers multiple factors when reviewing lenders. These factors include credit and down payment requirements, loan types offered, customer service indicators, and availability of online tools. We then use these factors to rank lenders in four categories:
- Lending flexibility: Includes the number of loan types offered, special programs offered, minimum down payment requirements, and minimum credit score requirements
- Customer service: Includes CFPB complaints per 1,000 loans and average rating from other top rating services
- Ease of application: Includes the availability of an online pre-approval or pre-qualification process
- Online experience: Includes the robustness of the lender’s online offerings, including online chat availability, phone number availability, and learning center/help center availability
