Welcome to our comprehensive guide to Aurora Loan Company. In this article, we’ll explore everything you need to know about this loan company, from its history and services to its reputation and customer experience. Whether you’re considering Aurora Loan Company for your next loan or just curious about the company, we’ve got you covered.
The History of Aurora Loan Company
Aurora Loan Company was founded in 1997 as a mortgage lending company based in Denver, Colorado. Over the years, the company grew to become one of the largest mortgage lenders in the country, offering a variety of services to homeowners and buyers. However, the company faced financial difficulties during the subprime mortgage crisis of the late 2000s and ultimately filed for bankruptcy in 2013.
The Services of Aurora Loan Company
Despite its bankruptcy, Aurora Loan Company continues to offer a variety of loan services, including mortgage refinance, home equity loans, and personal loans. The company prides itself on offering competitive rates and flexible repayment options to fit every borrower’s needs.
Mortgage Refinance
If you’re looking to refinance your mortgage, Aurora Loan Company may be a good option for you. The company offers a variety of fixed and adjustable-rate mortgage options, and its online application process is quick and easy.
Home Equity Loans
If you’re a homeowner looking to tap into your home’s equity, Aurora Loan Company offers home equity loans with flexible repayment options and competitive interest rates. With a home equity loan, you can use your home’s equity to pay for home improvements, debt consolidation, or other expenses.
Personal Loans
If you’re in need of a personal loan, Aurora Loan Company offers an online application process with quick approval times and competitive interest rates. Whether you need cash for a home renovation, medical expenses, or other unexpected costs, a personal loan from Aurora Loan Company might be a good option for you.
The Reputation of Aurora Loan Company
While Aurora Loan Company has faced some financial difficulties in the past, the company has generally maintained a positive reputation among borrowers. According to online reviews, Aurora Loan Company is known for its competitive rates, flexible repayment options, and attentive customer service.
The Customer Experience at Aurora Loan Company
Aurora Loan Company prides itself on providing a positive customer experience to all borrowers. The company offers online account management tools, as well as personalized support from its team of loan specialists. Whether you need help with your application or have questions about your loan, Aurora Loan Company’s customer service team is available to assist you.
Aurora Loan Company FAQ
Question |
Answer |
|---|---|
What is Aurora Loan Company? |
Aurora Loan Company is a mortgage lending company that offers a variety of loan services, including mortgage refinance, home equity loans, and personal loans. |
Where is Aurora Loan Company located? |
Aurora Loan Company is based in Denver, Colorado. |
Is Aurora Loan Company a reputable lender? |
Yes, Aurora Loan Company has generally maintained a positive reputation among borrowers for its competitive rates, flexible repayment options, and attentive customer service. |
What loan services does Aurora Loan Company offer? |
Aurora Loan Company offers a variety of loan services, including mortgage refinance, home equity loans, and personal loans. |
How do I apply for a loan with Aurora Loan Company? |
You can apply for a loan with Aurora Loan Company online by filling out an application on the company’s website. |
What are the interest rates like at Aurora Loan Company? |
Interest rates vary depending on the type of loan and your credit score, but Aurora Loan Company offers competitive rates. |
How long does it take to get approved for a loan with Aurora Loan Company? |
Approval times vary depending on the type of loan, but the online application process is quick and easy. |
Can I manage my loan account online? |
Yes, Aurora Loan Company offers online account management tools for borrowers. |
What is a home equity loan? |
A home equity loan is a type of loan that allows you to borrow against the equity in your home. You can use the funds for home improvements, debt consolidation, or other expenses. |
What is a personal loan? |
A personal loan is a type of loan that can be used for a variety of purposes, such as home renovations, medical expenses, or unexpected costs. |
What are the benefits of mortgage refinance? |
Mortgage refinance can help you lower your monthly mortgage payments, reduce your interest rate, or shorten the term of your loan. |
What is the difference between fixed and adjustable-rate mortgages? |
Fixed-rate mortgages have a set interest rate for the entire term of the loan, while adjustable-rate mortgages have an interest rate that can change over time. |
Can I refinance my mortgage with Aurora Loan Company? |
Yes, Aurora Loan Company offers mortgage refinance services. |
How much can I borrow with a personal loan from Aurora Loan Company? |
Loan amounts vary depending on your credit score and other factors, but Aurora Loan Company offers competitive rates and flexible repayment options. |
Conclusion
Overall, Aurora Loan Company is a reputable lender with a variety of loan services to fit every borrower’s needs. Whether you’re looking to refinance your mortgage, tap into your home’s equity, or get a personal loan, Aurora Loan Company offers competitive rates and flexible repayment options. Additionally, the company’s customer service team is available to assist you with any questions or concerns you may have.
If you’re in the market for a new loan, we encourage you to consider Aurora Loan Company. With its positive reputation and variety of loan services, it might be the right choice for you.
Take Action Today
Don’t wait any longer to take control of your finances. Apply for a loan with Aurora Loan Company today and see how easy and affordable borrowing can be.