Land Home Financial Services, Inc. (LHFS) is a privately owned, nationwide mortgage lender headquartered in Concord, California. Founded in 1988, LHFS operates retail branches and lending divisions across the United States, holding licenses in all 50 states and Washington, D.C.
See today’s mortgage interest rates on TrueRate.
How Land Home Financial Services compares to other lenders
| Headquarters | Concord, California |
| Website | lhfs.com |
| Rate | 0.14% higher than the median rate |
| Lender fees | $1,420 (median) |
| Added cost after 1 year, compared to the median interest rate | $76 |
| Added cost after 10 years, compared to the median interest rate | $4,108 |
| Added cost after 1 year (vs. Tomo Mortgage) | $2,654 |
| Added cost after 10 years (vs. Tomo Mortgage) | $15,292 |
For a $400,000 mortgage, Land Home Financial’s rates—about 0.14% higher than the market median—and $1,420 in lender fees would result in an added cost of around $76 in the first year and roughly $4,108 over 10 years compared to a typical lender. Borrowers should think twice before locking in a loan with Land Home Financial Services, given the likelihood of above-market rates.
What customers are saying
Land Home Financial Services receives mixed reviews across platforms like Yelp and Zillow. Many borrowers praise individual loan officers for their expertise, responsiveness, and ability to close challenging or complex loans quickly, making the process smooth for first-time and non-traditional buyers.
However, negative feedback is common regarding poor communication, vague or delayed responses, and unresolved paperwork issues. Some borrowers report unexpectedly high rates and unclear terms.
How to compare mortgage lenders
Interest rates. Comparing rates between lenders isn’t always straightforward. Many promote low headline rates that require paying “points” upfront to buy down the interest rate. To make a true comparison, focus on the par rate (0 points) and the APR, which reflects both the interest rate and any lender fees. Even small differences can translate into significant savings over the life of the loan.
Lender fees or loan origination fees. Many lenders charge fees that add thousands to the cost of a loan. It’s important to look at both the rate and the fees together to understand the true cost of borrowing. For a $400,000 mortgage, avoiding even a $1,000 fee could contribute to meaningful savings in the first year and over the long term.
On-time close rate. Most lenders do not publicly share their on-time close rates. However, it’s a critical factor—especially if your home contract has tight deadlines. Asking about their process for meeting close dates, including underwriting and document review timelines, can give you more confidence when choosing a lender.
Pre-approval and offer letters. Some lenders offer fast pre-qualifications that may not be fully underwritten, which can weaken your offer in competitive markets. It’s important to ask whether a lender’s pre-approvals are fully underwritten and how credible their letters are when presented with an offer.
Customer satisfaction. If detailed customer review data isn’t readily available, check third-party review sites or ask the lender for references. It’s important to understand how they handle communication, responsiveness, and issue resolution throughout the loan process.
Employee reviews. Company culture often influences how clients are treated. A lender with strong employee satisfaction typically delivers better service, more organized processing, and a smoother overall experience for borrowers.
To better understand how we compare mortgage rates fairly, see our TrueRate Methodology.
If you’re ready to start your journey to homeownership, get pre-approved with Tomo Mortgage today.
How to compare mortgage lenders
Interest rates. Comparing rates between lenders isn’t always straightforward. Many promote low headline rates that require paying “points” upfront to buy down the interest rate. To make a true comparison, focus on the par rate (0 points) and the APR, which reflects both the interest rate and any lender fees. Even small differences can translate into significant savings over the life of the loan.
Lender fees or loan origination fees. Many lenders charge fees that add thousands to the cost of a loan. It’s important to look at both the rate and the fees together to understand the true cost of borrowing. For a $400,000 mortgage, avoiding even a $1,000 fee could contribute to meaningful savings in the first year and over the long term.
On-time close rate. Most lenders do not publicly share their on-time close rates. However, it’s a critical factor—especially if your home contract has tight deadlines. Asking about their process for meeting close dates, including underwriting and document review timelines, can give you more confidence when choosing a lender.
Pre-approval and offer letters. Some lenders offer fast pre-qualifications that may not be fully underwritten, which can weaken your offer in competitive markets. It’s important to ask whether a lender’s pre-approvals are fully underwritten and how credible their letters are when presented with an offer.
Customer satisfaction. If detailed customer review data isn’t readily available, check third-party review sites or ask the lender for references. It’s important to understand how they handle communication, responsiveness, and issue resolution throughout the loan process.
Employee reviews. Company culture often influences how clients are treated. A lender with strong employee satisfaction typically delivers better service, more organized processing, and a smoother overall experience for borrowers.
To better understand how we compare mortgage rates fairly, see our TrueRate Methodology.
If you’re ready to start your journey to homeownership, get pre-approved with Tomo Mortgage today.