Movement Mortgage Review 2023: Quick Closings, Many Options — But No Online Quotes

We want to help you make more informed decisions. Some links on this page — clearly marked — may take you to a partner website and may result in us earning a referral commission. For more information, see How We Make Money.
Fast Closings
Movement Mortgage Review 2022
Movement Mortgage Review 2022
Fast Closings
Movement Mortgage Review 2022
  • Minimum Credit Score:
    580 (most loans)
  • Minimum Down Payment:
    0% to 3.5%
  • Can Apply Online:
  • Operates In:
    All 50 States

NextAdvisor’s Take

  • Three quarters of loans close within seven business days
  • Gives some profits to foundations supporting community projects
  • Operates in all 50 states
  • Doesn’t offer home equity loans and home equity lines of credit
  • Rates aren’t listed online, so you’ll need to contact the lender for a rate quote
The Bottom Line

Movement Mortgage is a strong contender if you’re looking to take out a mortgage or refinance an existing loan. You’ll have to submit an application to get a rate quote and a list of the fees you might pay — which could be a deal-breaker if you just want to get pre-qualified.

But the website is easy to navigate, and you can conveniently complete the mortgage application online or get help at one of hundreds of offices around the country. It’s also a lender you can feel good about, since it has a low complaint rate and devotes most of its profits to a foundation that supports local communities.


As with all of our mortgage lender reviews, our analysis is not influenced by any partnerships or advertising relationships. For more information about our scoring methodology, click here.

Movement Mortgage Full Review

Movement Mortgage is an online mortgage lender co-founded in 2008 by former NFL player and Super Bowl champion Casey Crawford. We ranked Movement as one of the best mortgage lenders in 2021 because it offers a wide selection of loans, closes those loans quickly, and gives the majority of its profits to a foundation that invests in community projects. 

The South Carolina-headquartered lender is licensed in all 50 states and has more than 650 offices across the U.S. 

Movement Mortgage: Loan Types and Products

While home equity loans and home equity lines of credit are missing from its lineup, Movement Mortgage does offer a long list of other loan options for purchasing a home or refinancing an existing mortgage. Right now, Movement offers the following types of mortgages:

Renovation loans allow you to take out one loan to buy (or refinance) a home and fund improvements. Currently, you can choose from the Fannie Mae HomeStyle renovation loan, FHA 203(k) renovation loan, and VA renovation loan. 

If you’re looking to refinance a mortgage, you can choose from a rate-and-term refinance or cash-out refinance loan. 

And while other lenders close on home loans within about 50 days, Movement aims to speed up that timeline. The lender operates on a “6-7-1” process, where it says it can pre-approve a mortgage in six hours, fully process the loan in seven business days, and stand ready to close within one additional day. Impressively, 75% of Movement’s loans are processed within seven business days.

Movement Mortgage Transparency

Movement Mortgage has an easy-to-navigate site with a straightforward application process, and you can get connected to a loan officer within minutes. It also has an array of tools to help you figure out how much home you can afford and a number of guides explaining loan types and terms. Movement clearly lists the loans it offers, but doesn’t include the requirements to qualify for those loans, such as credit score and debt-to-income ratio.

Movement Mortgage: Rates and Fees 

Movement Mortgage’s website is easy to navigate, and its “Find a Loan” page helps you figure out which type of loan is a good fit for you. But the lender doesn’t advertise daily mortgage rates on its website, as some of its competitors do, and doesn’t post a list of the closing costs borrowers might pay. 

The minimum credit score requirements vary depending on the type of loan you apply for. According to a Movement Mortgage representative, FHA loans require a score of 580, while conventional loans require a score of at least 620. But to receive the best mortgage rate, borrowers will need good to excellent credit

Movement Mortgage also says it doesn’t charge application fees or prepayment penalties on any of its loans, and you can lock in your interest rate for up to 90 days for free. But it does charge an origination fee at closing and a late fee when a borrower is more than 15 days late on a mortgage payment. 

Refinancing With Movement Mortgage

Movement Mortgage funded approximately $30 billion in mortgages in 2020, and about 40% of those loans were for refinances, from government-backed loans to conventional and jumbo mortgages. An average refinance takes about 30 days to close, and repeat customers receive “special pricing.” 

To get a complete breakdown of all the fees you’ll pay, you’ll need to submit a refinance application. But if you’re looking to minimize your upfront expenses, you can roll your refinance closing costs into your new mortgage.

Movement Mortgage Compared to Other Mortgage Lenders

Movement MortgageFairway Independent Mortgage Corp.loanDepot
Minimum credit score580 (some mortgage programs may require a higher score)620 for conventional loans; 660 for jumbo loans; 600 for FHA loans; 600 for VA loans620 for conventional loans; 700 for jumbo loans; 580 for FHA loans; 620 for VA loans
Minimum down payment0% to 3.5%0% to 5%0% to 5%
Where does the lender operate?All 50 statesAll 50 states All 50 states 
Major loan typesConventional, jumbo, VA, FHA, USDA, various renovation loans, adjustable-rate, fixed-rate, refinance, cash-out refinance, reverse mortgagesConventional, jumbo, VA, FHA, USDA, various renovation loans, adjustable-rate, fixed-rate, refinance, cash-out refinance, reverse mortgages, home equity loans, home equity lines of creditConventional, jumbo, VA, FHA, FHA 203(k) renovation loan, adjustable-rate, fixed-rate, refinance, cash-out refinance

How to Shop Around to Get the Best Mortgage Rate

A 2018 study by Freddie Mac revealed that nearly half of mortgage shoppers stop at the first mortgage rate quote they receive — but that means they could be leaving money on the table. According to the study, mortgage applicants stand to save up to $3,000 over the life of the loan if they get at least five rate quotes. 

You might save even more if you use your negotiation skills. Once you submit your mortgage applications, the lender will provide you with a mortgage Loan Estimate. Use these documents to compare the interest rate, APR, lender fees, and discount points on each loan. Send the best offer to another lender, and ask them to beat the interest rate or closing costs. Lenders may be willing to compete for your business, especially if you have strong credit.  

While these mortgage applications can trigger a hard inquiry on your credit reports, the credit-scoring companies know consumers shop around. FICO will treat all mortgage inquiries made within 45 days as just one inquiry. Try to submit your mortgage applications within this window to minimize the impact to your credit.

Home loan comparison calculator

Compare your payment options side-by-side to see which is right for you and your financial situation.

Find the mortgage that’s best for you by comparing the cost of multiple loans over time.


As with all of our mortgage lender reviews, our analysis is not influenced by any partnerships or advertising relationships. For more information about our scoring methodology, click here.