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Allied Mortgage Group Review 2024

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At a glance

Allied Mortgage Group
NMLS: 1067
State License: 6038575
Editor's take

Allied Mortgage Group is a mid-sized lender operating in the majority of states in the U.S. This lender might be a fit for those who are self-employed or have unusual financial circumstances, or looking for an interest-only mortgage with lower monthly payments. Its website touts a “transparent, non-pushy” experience.

Bankrate Score
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4.5
Rating: 4.5 stars out of 5
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Customer Rating
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4.9
Rating: 4.92 stars out of 5

111 ratings

Mortgage Percent

Loans offered

Conventional, FHA, VA, USDA, refinancing and more

Credit Good

Min. credit score required

620 for conventional loans, 700 for jumbo loans, 580 for FHA loans, 580 for VA loans, 580 for USDA loans

Location

Nationwide availability

Available in 34 states and Washington, D.C.

Dollar Coin

Min. down payment

3% for conventional loans, 3.5% for FHA loans, none for VA loans and USDA loans

At a glance

Allied Mortgage Group

NMLS: 1067

State License: 6038575

4.5

Rating: 4.5 stars out of 5
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Bankrate Score

Mortgage Percent

Loans offered

Conventional, FHA, VA, USDA, refinancing and more

Location

Nationwide Availability

Available in 34 states and Washington, D.C.

Credit Good

Min. credit score required

620 for conventional loans, 700 for jumbo loans, 580 for FHA loans, 580 for VA loans, 580 for USDA loans

Allied Mortgage Group overview

Allied Mortgage Group is a mortgage lender with both branch and online service. The lender was founded in 1993 and is headquartered in Bala Cynwyd, Pennsylvania, with brick-and-mortar locations in California, Connecticut, Florida, Maryland, Massachusetts, Nevada, New Jersey, New York, North Carolina and Pennsylvania. The lender provides fixed-rate and adjustable-rate mortgages (ARMs), interest-only mortgages, mortgages for self-employed workers and mortgages for some borrowers who recently lost their home but have good credit. It also offers FHA, VA and USDA mortgages.

Pros and cons of Allied Mortgage Group

Pros
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    Flexible mortgage options like interest-only loans and loans for the self-employed or investors

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    Loans for creditworthy borrowers who lost a home due to job loss or medical bills in the last two years

Cons
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    Online information about loan costs and interest rates limited

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    Not available in all states

Our Editor’s Take on Allied Mortgage Group

Allied Mortgage Group is a mid-sized lender operating in the majority of states in the U.S. This lender might be a fit for those who are self-employed or have unusual financial circumstances, or looking for an interest-only mortgage with lower monthly payments. Its website touts a “transparent, non-pushy” experience.

How Bankrate scored Allied Mortgage Group

  • Affordability: Allied Mortgage Group doesn’t charge fees, but you’ll need to request a quote directly from the lender in order to compare offers and rates.
  • Availability: Allied Mortgage Group offers the full suite of home loan products, including those for self-employed borrowers and non-QM options.
  • Borrower experience: This lender has an A+ rating from the Better Business Bureau and high marks from customers on Bankrate.

Affordability: 10/10

Allied Mortgage Group doesn’t charge any lender fees. The lender doesn’t showcase its current interest rates online, however; if you want a rate quote, you’ll have to fill out an online form and wait to be contacted for more information.

Availability: 9.2/10

One of Allied Mortgage Group’s strengths: an array of loan programs for many different types of borrowers. The lender operates in more than half of U.S. states. Be sure to check whether it works with borrowers in your location before you set out to request a quote.

Borrower experience: 8/10

Allied Mortgage Group has been in operation for more than 25 years and has an A+ rating from the Better Business Bureau. You can start the application process with Allied Mortgage Group by filling out a simple form online describing the type of loan you’re looking for, though you’ll have to create an account on the site before you can access the form. The lender doesn’t specify whether you can complete the entire lending process online. If you need help with your application or other aspects of navigating the lender’s website, there’s no option for online support; you’ll need to fill out a contact form and wait for a response, or call.

How to apply for a mortgage with Allied Mortgage Group

You can apply for a mortgage with Allied Mortgage Group in person at a branch location, online or by phone at 877-448-2745. Here are some tips to prepare for the process:

  1. Check your credit report. It’s important to check your credit report before your lender does, in case there are errors that could impact not only whether you get preapproved but also your ability to get the best mortgage rate. Knowing your credit score also helps you decide what type of loan to apply for. If your score is in the very low 600s, for instance, an FHA mortgage might be best for you, as its standards are more lenient than those for conventional loans.
  2. Gather personal and financial documents. With any lender, you must supply documentation about your income, assets and debts. This includes pay stubs and W-2s and account and loan statements.
  3. Provide details about the property. You’ll need to provide the address of the home and submit to an appraisal. (If you’re refinancing, you might or might not need an appraisal.)

Refinancing with Allied Mortgage Group

Allied Mortgage Group offers both rate-and-term and cash-out refinancing options. However, the rates and fees for these aren’t available online. Instead, you’ll need to complete a form and wait for a call from a loan officer.

Compare Allied Mortgage Group to other lenders

Allied Mortgage Group
Rating: 4.5 stars out of 5
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4.5

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Bethpage Federal Credit Union
Rating: 4.9 stars out of 5
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4.9

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Read full review
First Mortgage Direct
Rating: 4.8 stars out of 5
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4.8

Bankrate Score
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Read full review

Loans offered

Conventional, FHA, VA, USDA, refinancing and more

Loans offered

Conventional, jumbo, FHA, refinancing and more

Loans offered

Conventional, jumbo, FHA, VA, USDA, refinancing and more

Min. credit score required

620 for conventional loans, 700 for jumbo loans, 580 for FHA loans, 580 for VA loans, 580 for USDA loans

Min. credit score required

620 for conventional loans, 500 for FHA loans

Min. credit score required

620 for conventional loans, 580 for FHA loans, 580 for VA loans

Down payment

3% for conventional loans, 3.5% for FHA loans, none for VA loans and USDA loans

Down payment

3% for conventional loans, 3.5% for FHA loans

Down payment

3% for conventional loans, 3.5% for FHA loans, none for VA loans and USDA loans

Nationwide availability

Available in 34 states and Washington, D.C.

Nationwide availability

Available in all U.S. states except Texas

Nationwide availability

All U.S. states

Allied Mortgage Group customer ratings and reviews

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NMLS: 1067

State License: 6038575

4.9

Rating: 4.92 stars out of 5

111 ratings

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This lender has 0 recent reviews.

Knowledge
Rating: 4.9 stars out of 5
Level of service
Rating: 4.9 stars out of 5
Professionalism
Rating: 4.9 stars out of 5
Responsiveness
Rating: 4.9 stars out of 5
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96%
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97% of customers would recommend this lender.