Prosperity Home Mortgage review: rates, costs & calculator
A retail lender affiliated with major real-estate brokerages, focused on purchase loans for their clients.
Prosperity Home Mortgage rates: what borrowers actually paid
Prosperity Home Mortgage prices each borrower individually, but federal loan-level records show what its borrowers actually got. On 5,255 conventional 30-year fixed purchase loans with at least 20% down closed in 2025, the median rate was 6.625% and the median APR was 0.12 percentage points above the typical lender's, with $5,474 in loan costs.
| 2025 home purchases | Loans | Median rate | APR vs benchmark | Loan costs | With points |
|---|---|---|---|---|---|
| Conventional · Prosperity Home Mortgage | 5,255 | 6.625% | +0.13 | $5,474 | 54% |
| Conventional · all lenders | 700,082 | 6.50% | +0.02 | $5,476 | 53% |
| FHA · Prosperity Home Mortgage | 2,126 | 6.25% | +0.47 | $10,302 | 42% |
| FHA · all lenders | 516,729 | 6.25% | +0.42 | $11,291 | 59% |
| VA · Prosperity Home Mortgage | 1,588 | 6.124% | −0.46 | $7,557 | 48% |
| VA · all lenders | 291,383 | 6.125% | −0.36 | $6,554 | 59% |
| Jumbo · Prosperity Home Mortgage | 266 | 6.75% | +0.16 | $9,349 | 43% |
| Jumbo · all lenders | 30,788 | 6.625% | +0.00 | $10,251 | 38% |
What the numbers say
- On conventional loans, Prosperity Home Mortgage's median APR ran 0.12 percentage points above the typical lender's (+0.13 vs +0.02 percentage points against the benchmark) — roughly $26 a month on a $325,000 loan at today's 7.18% average rate.
- Other loan types: FHA 0.06 percentage points above the market (2,126 loans); VA 0.10 percentage points below the market (1,588 loans); Jumbo 0.16 percentage points above the market (266 loans).
- Borrowers paid a median $5,474 in loan costs, close to the $5,476 typical across all lenders.
How Prosperity Home Mortgage compares on conventional loans
| Lender | Loans | Median rate | APR vs benchmark | Loan costs | Lender credits |
|---|---|---|---|---|---|
| Prosperity Home Mortgage | 5,255 | 6.625% | +0.13 | $5,474 | 29% |
| United Wholesale Mortgage | 57,444 | 6.50% | +0.02 | $7,032 | 46% |
| Rocket Mortgage | 35,588 | 6.50% | +0.01 | $5,816 | 3% |
| CrossCountry Mortgage | 22,973 | 6.75% | +0.24 | $6,675 | 30% |
| Guild Mortgage | 14,742 | 6.625% | +0.08 | $5,918 | 15% |
| All lenders | 700,082 | 6.50% | +0.02 | $5,476 | 33% |
Source: 2025 HMDA loan-level records (FFIEC/CFPB), 30-year fixed home purchases compared like for like. APR vs benchmark = median APR minus the average prime offer rate the week the rate was set; loan costs are borrower-paid. How we compare lenders.
Prosperity Home Mortgage calculator
Estimate a Prosperity Home Mortgage payment: enter the rate from your Loan Estimate, or start from today's 7.18% average 30-year fixed rate. For reference, Prosperity Home Mortgage's 2025 conventional purchase loans closed at a median 6.625%.
Prefer a full-page version? Open the mortgage calculator.
Prosperity Home Mortgage by the numbers
| Home loans originated (2025) | 20,869 |
|---|---|
| Total lending (2025) | $8.0B |
| Average loan size | $384,552 |
| Approval rate* | 92.1% |
| Volume rank (our roster) | #35 of 60 |
| Largest market | Pennsylvania |
Source: federal HMDA data (2025), FFIEC/CFPB. *Approval rate = loans originated ÷ (originated + denied). It reflects a lender's channel and borrower mix — wholesale, online and refi-heavy lenders run lower because many applications are rate shops that never close — not how hard it is to work with. See our lending-data study.
What Prosperity Home Mortgage actually lends
72.3% of Prosperity Home Mortgage's 2025 loans were conventional, averaging $385k. Prosperity Home Mortgage lists USDA loans, but they were under 2% of its 2025 originations — if you need one, ask how many the loan officer closes.
| Share of 2025 loans | Prosperity Home Mortgage | U.S. |
|---|---|---|
| Conventional | 72.3% | 78% |
| FHA | 15.9% | 13.2% |
| VA | 11.5% | 8.2% |
| USDA | 0.3% | 0.6% |
| Home purchase | 83.3% | 52.5% |
| Rate-and-term refinance | 10.1% | 15.3% |
| Cash-out refinance | 5.6% | 14% |
Shares of originated loans by loan type and purpose, federal HMDA data (2025). They describe the lender's business mix, not the terms you would be offered.
Prosperity Home Mortgage at a glance
Prosperity Home Mortgage is a retail lender headquartered in Chantilly, Virginia, and it sits inside one of the largest ownership structures in American real estate.
It operates as a subsidiary of The Long & Foster Companies, which in turn belongs to HomeServices of America, a Berkshire Hathaway affiliate.
That lineage shapes almost everything about how Prosperity does business: rather than competing for strangers online, it is built to serve buyers already working with the real-estate brokerages in its corporate family.
The company runs on an affiliated-business, or joint-venture, model. Its loan officers are embedded with agents at Long & Foster and various Berkshire Hathaway HomeServices brokerages, including large regional names like Fox & Roach in the Mid-Atlantic and Edina Realty in Minnesota.
Where Prosperity Home Mortgage's approval rate sits
Prosperity Home Mortgage's 2025 approval rate of 92.1% sits against the 76.6% national average. Read it as a signal of channel, not strictness — wholesale, online and refinance-heavy lenders run lower because so many applications are rate shops that never close.
That footprint shows up clearly in Prosperity's 2025 HMDA record, where its busiest states are Pennsylvania (3,132 loans) and Virginia (2,747), followed by Minnesota, Maryland, and North Carolina — a map that tracks its sister brokerages more than any national ad campaign.
By volume Prosperity is a substantial purchase-focused lender: it originated 20,869 loans for roughly $8.0 billion in 2025, an average of about $384,552 per loan, with a reported approval rate near 92 percent.
It offers a conventional slate of products through hundreds of branches and a heavily digital application process.
Importantly, buyers referred by an affiliated agent are never obligated to finance through Prosperity — federal RESPA rules make clear you may shop any lender you choose.
Who Prosperity Home Mortgage is best for
Prosperity is a natural fit for buyers who are already working with a Long & Foster or Berkshire Hathaway HomeServices agent and value having their lender and agent under one roof, with coordinated communication through closing.
It suits purchase borrowers — first-timers included — who want conventional, FHA, VA, or USDA options and prefer a branch-based loan officer relationship over a rate-shopping online experience.
Loan programs at Prosperity Home Mortgage
Its most notable programs and specialties:
- Conventional fixed-rate and adjustable-rate (ARM) mortgages, plus jumbo financing
- Government loans: FHA, VA, and USDA
- Fannie Mae HomeReady and a first-time buyer option allowing as little as 3% down
- Uplift program offering reduced rates and fees on FHA and VA loans
- XLR8 expedited approval, verifying credit, income, and assets digitally with minimal paperwork
- Closing-cost credit programs and financing for second homes and investment properties
Typical industry minimum down payment by core loan type — Prosperity Home Mortgage's own minimums or credit overlays may run higher:
| Loan program | Typical min. down |
|---|---|
| Conventional | 3% |
| FHA | 3.5% |
| VA | 0% |
| USDA | 0% |
Strengths
- Seamless coordination for buyers already using an affiliated Long & Foster or Berkshire Hathaway HomeServices brokerage
- Backed by HomeServices of America, a well-capitalized Berkshire Hathaway affiliate
- Full conventional and government product menu with first-time-buyer and low-down-payment options
- Strong showing in J.D. Power's 2025 mortgage origination satisfaction study and an A+ BBB rating
- Large branch network with in-person loan officers across most of the country
Considerations
- Does not lend in every state (Hawaii and Iowa are excluded)
- Home purchases were 83.3% of Prosperity's 2025 originations, versus 52.5% for all lenders; rate-and-term (10.1%) and cash-out (5.6%) refinances were a small share
- Prosperity's website does not list mortgage rates; to see pricing you request a quote, apply, or contact a mortgage consultant.
- Prosperity has affiliated settlement-service and real estate businesses that may refer you to each other for a financial benefit, so read its affiliated business disclosure.
Where Prosperity Home Mortgage lends most
By federal HMDA records, Prosperity Home Mortgage's largest 2025 markets were Pennsylvania, Virginia, Minnesota, Maryland and North Carolina. Explore local rates, home prices and down-payment assistance for each:
States where Prosperity Home Mortgage is a top-15 lender
Ranked by home loans originated in 2025 (HMDA). Each state page compares Prosperity Home Mortgage with the other leading lenders there, including FHA and VA leaders and what their borrowers paid.
The verdict
Prosperity Home Mortgage is a solid, purpose-built purchase lender for buyers inside its real-estate family, pairing a full product line with the stability of Berkshire Hathaway-affiliated ownership and above-average satisfaction scores.
Its convenience is real, but so is the temptation to skip comparison. Treat the agent referral as a strong starting point, request a Loan Estimate, and weigh it against at least one competing quote before you decide.
How to compare Prosperity Home Mortgage
Shopping a few lenders is the single most reliable way to save. Before you commit to Prosperity Home Mortgage:
- Get three or more Loan Estimates in a two-week window — the bureaus treat it as one inquiry.
- Compare the APR, not just the headline rate — it folds in the fees.
- Weigh service and loan-type fit, not price alone.
- Verify licensing: search Prosperity Home Mortgage on NMLS Consumer Access and match the NMLS ID to the one on your Loan Estimate. (Its LEI in federal HMDA data, 5493005PKOSG7MYX0B34, is not a license number.)
Benchmark whatever you're quoted against today's average mortgage rates.
Prosperity Home Mortgage FAQ
Is Prosperity Home Mortgage a good mortgage lender?
Prosperity Home Mortgage is a licensed U.S. mortgage lender and one of the largest, roughly #35 of 60 in our roster by 2025 volume, best for real-estate partnerships.
On price, its 2025 conventional borrowers' median APR was 0.12 percentage points above the typical lender's, with $5,474 in loan costs against $5,476 market-wide.
Whether it's right for you comes down to the rate and fees it quotes — compare its Loan Estimate with two or three others.
What are Prosperity Home Mortgage's rates today?
Prosperity Home Mortgage sets rates daily by loan type, credit score, down payment and points, so the rate that counts is the one on your Loan Estimate.
For context, the average 30-year fixed rate was 7.18% in Freddie Mac's survey for the week of November 5, 2026; in 2025, Prosperity Home Mortgage's conventional purchase loans closed at a median 6.625%, against 6.50% for all lenders.
How many mortgages does Prosperity Home Mortgage originate?
In 2025, Prosperity Home Mortgage originated about 20,869 home loans, roughly $8.0 billion in lending, per federal HMDA data — an average loan of about $384,552.
What loan types does Prosperity Home Mortgage offer?
Prosperity Home Mortgage offers Conventional, FHA, VA, USDA. Notable programs include conventional fixed-rate and adjustable-rate (ARM) mortgages, plus jumbo financing; Government loans: FHA, VA, and USDA; Fannie Mae HomeReady and a first-time buyer option allowing as little as 3% down.
How do I verify Prosperity Home Mortgage is licensed?
Search the company's name on NMLS Consumer Access (nmlsconsumeraccess.org), the official registry of licensed mortgage companies and loan officers; the NMLS ID it shows is also printed on every Loan Estimate the lender issues. (The ID 5493005PKOSG7MYX0B34 used on this page is the company's LEI, which identifies it in federal HMDA data — not a license number.)
This review is editorial and independent — Prosperity Home Mortgage did not pay for or approve it, and all figures are from public federal data. It is general information, not a recommendation or personalized advice. Confirm all terms directly with the lender.
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