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Ziplend Reviews and Ratings
Ziplend logo
Ziplend is a small online mortgage lender based in Laguna Beach, California. It offers home loans, personal loans, and real estate services.
One thing stands out in this Ziplend reviews guide: the public record is thin.
This matters when a mortgage can tie up your finances for 30 years. Before you share your details, you want to know who you are dealing with.
So, this Ziplend review covers its licensing, rates, complaints and customer feedback, and flags what the record doesn’t show.
What is Ziplend?
Ziplend Website Homepage
Ziplend Inc. is a licensed mortgage and personal loan company. It started in 2022 and is based in Laguna Beach, California. Farzad Abdollahi is the chief executive officer (CEO).
Matt Kazemi serves as the general manager. The company holds a mortgage license from the Nationwide Multistate Licensing System & Registry (NMLS), ID number 2422533.
It is licensed in California, Colorado, Florida, Oregon, Texas and Utah.
Ziplend at a glance
- Founded in 2022, based in Laguna Beach, California
- Led by CEO Farzad Abdollahi and general manager Matt Kazemi
- Licensed in California, Colorado, Florida, Oregon, Texas and Utah
- NMLS ID number 2422533
- Offers mortgages, personal loans and real estate services
- Online application takes about 20 minutes
- Mortgage rates are not posted before you apply
- Personal loan rate check uses a soft credit pull
- Better Business Bureau (BBB) accredited with an A+ rating
How Ziplend works
The process starts on the Ziplend website. Click Apply Now for a mortgage or personal loan, then follow the steps and enter the required details. Ziplend says the application takes about 20 minutes.
You link your bank, tax, and income records, and the system runs a credit check to price your loan. Then, you upload any extra documents through the online portal.
Ziplend products and services
Ziplend lists three main services on its site: mortgages, real estate, and personal loans. Availability varies by state, so confirm your area first.
Ziplend mortgage loans
Ziplend offers purchase loans and refinances. Refinance options cover lowering your payment, switching from an adjustable rate to a fixed rate, and taking cash out.
Ziplend home equity access
The site’s application form lists home equity line of credit (HELOC) as an option. Its refinance pages also mention home equity loans and cash-out refinancing.
Ziplend personal loans
Ziplend offers personal loans for debt consolidation, credit card payoff, home improvement and other uses. Its loan site lists amounts from $1,000 to $150,000 with terms of 12 to 60 months.
Stated APRs range from 6.99 to 35.99 percent, with origination fees up to 10 percent. Checking your rate uses a soft credit pull, so it does not affect your credit score.
Ziplend real estate services
Ziplend also runs a home-buying program. It pairs you with a partner real estate agent and a loan team. Buyers who close with a partner agent can earn up to one percent cash back.
Ziplend rates, fees and costs
Ziplend doesn’t post mortgage rates on its site. You can’t compare a quote until you apply. Most borrowers want numbers first, so this is a real drawback.
Its legal page lists sample rate assumptions:
- Credit score over 720, or over 740 for some jumbo loans
- Loan-to-value ratio of 70 percent
- Private mortgage insurance (PMI) above 80 percent LTV, except on VA loans
- Rate locks of 10 to 60 days
Personal loan pricing is more open:
- Amounts from $1,000 to $150,000
- Terms from 12 to 60 months
- APRs from 6.99 to 35.99 percent
- Origination fees up to 10 percent
Typical example from the site: a $23,760 loan with a 4.95 percent origination fee, repaid over 48 months at 18-percent interest.
Your real cost may differ.
Ziplend reviews and ratings, what customers report
Ziplend has few reviews across the web. The volume is low because the company is new.
Trustpilot reviews
Trustpilot shows no profile for Ziplend as of writing. Searches surface only lookalike brand names. For shoppers, one fewer place to verify.
BBB reviews and rating
Ziplend BBB Profile
The BBB lists Ziplend with an A+ rating, and the company is BBB accredited. The file shows zero customer reviews and zero complaints as of this writing.
CFPB complaints
The Consumer Financial Protection Bureau (CFPB) keeps a public complaint database. A search of the database shows no Ziplend complaints on file as of this writing.
A clean record is a good sign for now. Low counts also reflect how new and small the company is.
Experience.com reviews
Ziplend Experience.com Profile
Ziplend points customers to its Experience.com profile. The page shows a 4.65 average from 1,332 reviews at the time of writing. Most entries name individual loan officers, not the company.
Reddit and ConsumerAffairs reviews
On Reddit, one r/CRedit thread asked whether Ziplend is legit.
The visible sentiment leans skeptical. No verified customer horror stories surface, and no strong praise either.
Meanwhile, ConsumerAffairs shows no Ziplend profile as of writing.
Ziplend outcomes and success rate
Ziplend publishes no approval rates or third-party outcome data as of writing.
Its personal loan site claims program graduates save about 46 percent before fees, or 25 percent after.
The figure excludes clients who don’t finish, so treat it as a company claim, not a guarantee.
Ziplend pros and cons
Here’s a balanced view of the company’s advantages and limitations.
Pros
- Licensed with a valid NMLS ID, number 2422533
- BBB accredited with an A+ rating
- No CFPB complaints on file as of writing
- Online application takes about 20 minutes
- Soft credit pull for personal loan rate checks
- Broad mortgage menu
- Up to one percent cash back with a partner real estate agent
Cons
- No posted mortgage rates before you apply
- Thin online presence for a lender as of writing
- Best pricing assumes a credit score over 720
- Personal loan APRs reach 35.99 percent, with fees up to 10 percent
- BBB lists it as a mortgage broker, so loans may go to partners
Who Ziplend is best for
Based on Ziplend reviews, here’s who may be a good fit for this lender.
- Borrowers in its six licensed states
- People who want a fast, fully online application
- Homeowners with credit near or above 720
- Buyers who want an agent match plus cash back
Who should avoid Ziplend
Ziplend is a poor fit for others.
- Shoppers who need posted rates before applying
- Borrowers outside its six licensed states
- Anyone who wants a lender with an established online presence
- People with weaker credit, since APRs climb to 35.99 percent
- Borrowers who have not compared a bank or credit union quote
Ziplend vs Rocket Mortgage
Rocket Mortgage is one of the country’s largest online lenders. Ziplend is a small regional lender.
- Availability: Rocket serves borrowers nationwide. Ziplend lists licenses in California, Colorado, Florida, Oregon, Texas and Utah.
- Rate transparency: Rocket posts daily sample rates with APRs, points and monthly payments. As of writing, its 30-year fixed sits at 6.875 percent. Ziplend doesn’t post rates before an application.
- Loan setup: Rocket lends directly and reports closing over nine million mortgages. The BBB lists Ziplend as a mortgage broker, so its loans may come from partners.
- Extras: Ziplend offers personal loans and one percent cash back through partner agents. Rocket offers lender credits worth up to $6,000 through its Redfin partnership.
Rocket’s size can mean less individual attention. Meanwhile, Ziplend’s thin online presence means less outside verification.
Rocket suits borrowers who want posted rates and nationwide reach. Ziplend suits borrowers who prefer a smaller team.
Is Ziplend legit?
Ziplend holds a valid mortgage license, NMLS ID number 2422533, with BBB accreditation and an A+ rating.
No CFPB complaints or enforcement actions appear on file as of writing. Its online presence remains thin, so verify the license in your state before applying.
Questions to ask before you apply to Ziplend
Before the checklist, calculate how much house you can afford so the quotes you get match a real budget.
- Is Ziplend licensed in my state?
- What fees will I pay, including the origination fee?
- Does Ziplend fund my loan or broker it to a partner?
- Can I see a rate quote before a hard credit pull?
- How will my bank and tax data be stored and shared?
- What are the payoff and prepayment terms?
- Who services my loan after closing?
Final verdict
Ziplend reviews show verified records as of writing. The license is valid, the BBB rating is positive, and the CFPB shows no complaints.
The open questions are practical ones. Rates appear only after an application, and the company is still building its public record.
Borrowers who verify the license and compare outside quotes can judge Ziplend on its own terms. The checklist of questions above is a good place to start.
Frequently asked questions
Is Ziplend safe to use?
Ziplend is a licensed lender with bank-grade security claims. Still, confirm its license and ask how it stores your data first.
Is Ziplend legit or a scam?
Ziplend is a real, licensed company, not a scam. Its NMLS ID is 2422533, and it is BBB accredited with an A+ rating.
How fast is Ziplend approval?
Ziplend advertises an online application of about 20 minutes. Some home equity funding is promoted in as little as five days.
Does Ziplend affect your credit score?
Ask before you apply. Confirm whether Ziplend uses a soft or hard credit pull, since a hard pull can lower your score.
What credit score does Ziplend require?
Ziplend does not post a firm minimum. Its best mortgage pricing assumes a credit score over 720.
