Caliber Home Loans offers an impressive array of buying and refinancing products and is one of the largest lenders in the country. You can’t buy fares online, but once you start the application process, Caliber offers tremendous digital amenities.

Here’s a breakdown of Caliber’s overall score:

• Variety of Loan Types: 3 out of 5 stars

• Variety of loan products: 5 out of 5 stars

• Online convenience: 5 out of 5 stars

• Prices and fees: 3 out of 5 stars

• Transparency rate: 1 out of 5 stars

Caliber Home Loans is among the 10 largest mortgage lenders in the United States, according to the latest data available from the Home Mortgage Disclosure Act. It offers home loan services through its network of consultants, as well as independent mortgage brokers and loan officers.

Caliber offers a wide selection of home buying and refinancing loans, including fixed and variable rate mortgages.

On the conventional lending side, Caliber’s mortgage selection includes low down payment options like HomeReady and Home Possible, and the HomeStyle Renovation mortgage.

On the government loan side, Caliber offers mortgages from the Department of Veterans Affairs, the United States Department of Agriculture, and the Federal Housing Administration, including 203 (k) home improvement loans. Mortgages insured or guaranteed by these government agencies generally reduce credit scores, down payments and income.

In fact, Caliber appears to place particular emphasis on serving military personnel through its VA home loans. On a separate website, CaliberMilitaryLending.com, it provides detailed details on VA loan options and eligibility requirements. The lender also says it has created a “dedicated, in-house curriculum” to help its credit consultants and branch managers meet the needs of military borrowers.

To get started with Caliber, just click or tap the blue ‘start app’ button. You will create an account and then start the application fully online through the online portal.

For borrowers on the go, Caliber offers a mobile app for Android and iPhone. The app also lets you access your account to download documents, view the status of your loan application, and easily contact your loan officer by phone, email, or text message.

Not in the online thing? No problem. You can chat with a Caliber loan officer over the phone or at one of the hundreds of branches across the country.

One of the most important considerations when choosing a mortgage lender is understanding the cost of the loan. In order to give consumers a general idea of ​​what a lender might charge, NerdWallet rates lenders on two factors regarding mortgage fees and rates:

• A lender’s average setup fee compared to the median of all lenders filing under the Home Mortgage Disclosure Act. Caliber Home Loans scores 3 out of 5 stars for this factor.

• The mortgage rates offered by a lender compared to the best available on comparable loans. Caliber Home Loans scores 3 out of 5 stars for this factor.

Borrowers should always consider the balance between lender fees and mortgage rates. While it may not always be the case, paying an upfront fee can lower the interest rate on your mortgage. Some lenders will charge a higher upfront fee to lower their advertised interest rate and make it more attractive. Some lenders just charge a higher upfront fee.

You can always decide to buy points of call, fees paid with your closing costs to lower your mortgage rate.

Deciding whether or not you want to pay a higher upfront fee depends on how long you plan to live in your home and how much money you need to ask for. closing costs when you sign the loan documents.

Mortgage interest rates, whether general or custom, are not available on the Caliber Home Loans website. To find out what rate you may be eligible for, you will need to contact the lender. This makes it difficult to compare Caliber Home Loans with other lenders when shopping for a mortgage.