Own It Home Loans

Business Details

Your Trusted Mortgage Broker in Melville, NY

At Own It Home Loans, we are dedicated to transforming homeownership dreams into reality through personalized service and industry expertise. Founded on principles of transparency and customer-centricity, our team of seasoned professionals guides clients through every step of the mortgage process. With over a decade of collective experience, we leverage innovative tools like our proprietary BuyNOW platform to streamline applications and approvals. Our commitment to excellence is reflected in our 4.85/5 average customer rating and 13,000+ verified reviews.

We prioritize education, offering tailored solutions from first-time buyer programs to jumbo loans, while maintaining a culture of integrity and continuous improvement. Our Lending to Heroes Program exemplifies our dedication to community servants, providing fee-free mortgages for qualified applicants. Through strategic national expansion, we combine the efficiency of a digital platform with the personalized touch of local expertise.

Services

Purchase Loans Refinance Loans FHA Loans VA Loans Jumbo Loans FHA 203k Loans First Time Buyer Loans Reverse Mortgage Loans USDA Loans Non-QM Loans

Highlights and features

We offer a streamlined digital mortgage process with 24/7 online access
Our Lending to Heroes Program provides fee-free mortgages for qualified applicants
We maintain a 4.85/5 average customer satisfaction rating across 13,000+ reviews
Our proprietary BuyNOW platform accelerates offer acceptance timelines
Our team includes NMLS-certified loan officers with specialized product expertise

What people say

Smooth process Excellent communication Knowledgeable team Competitive rates Timely closings

Website

Update Listing

Services

Purchase Loans

Our purchase loan programs help clients achieve homeownership through flexible down payment options and expert guidance. We offer conventional loans with as little as 3% down, FHA loans requiring only 3.5% down, and VA loans with zero down payment requirements for qualified borrowers. Our mortgage specialists provide personalized rate comparisons and pre-approval support to strengthen buying positions in competitive markets.

Refinance Loans

Refinance solutions help homeowners optimize their financial positions through rate reductions, equity access, or loan term adjustments. We offer conventional refinancing, cash-out options, and streamline programs for existing FHA/VA loans. Our team analyzes current market conditions and individual financial profiles to determine optimal refinancing strategies that align with long-term goals.

FHA Loans

FHA-insured mortgage programs provide accessible homeownership opportunities with low down payments and flexible credit requirements. Our specialists guide borrowers through the 3.5% down payment program, help qualify for competitive interest rates, and explain FHA loan limits specific to their location. We also offer FHA 203k loans for home improvement financing.

VA Loans

Exclusive mortgage programs for eligible veterans, active-duty personnel, and surviving spouses feature $0 down payment options and no private mortgage insurance requirements. Our VA-certified loan officers assist with Certificate of Eligibility applications, explain service-specific benefits, and navigate the unique documentation requirements for these zero-down mortgage solutions.

Jumbo Loans

Non-conforming jumbo loans serve high-value property purchases exceeding conventional loan limits. We offer competitive pricing for luxury home acquisitions, investment properties, and unique real estate opportunities. Our underwriting team works closely with borrowers to structure appropriate debt-to-income ratios and document complex income sources for these larger loan amounts.

People

Rich Steinberg

Founder and Chairman

With over 25 years in mortgage finance, Rich Steinberg established Own It Home Loans to revolutionize the home financing experience. He pioneered the company's technology-driven approach while maintaining a strong focus on personalized service and community impact through initiatives like the Lending to Heroes Program.

Robert Jayne

Chief Production Officer

Robert Jayne oversees all production operations with 20+ years of mortgage industry leadership. He has implemented process improvements that reduced average closing times by 30% while maintaining strict compliance standards. His strategic vision drives the company's continued growth and service excellence.

Mary O'Sullivan

Chief Operating Officer

Mary O'Sullivan manages day-to-day operations with a focus on technology integration and team development. Under her leadership, the company has expanded its digital capabilities while maintaining a 95% employee retention rate through comprehensive training programs and career development initiatives.

James Disbrow

Vice President Sales

James Disbrow leads sales strategy with 15 years of mortgage sales experience. He has developed specialized training programs that contributed to the company's recognition as a top mortgage lender in customer satisfaction surveys and industry awards.

Robert Morandi

Divisional VP of Sales

Robert Morandi manages key sales regions with expertise in mortgage product development. He has been instrumental in expanding the company's loan product offerings to include niche programs like physician loans and self-employed borrower solutions while maintaining strict risk management protocols.

Questions

What mortgage services do you offer?

We provide purchase loans, refinance options, FHA/VA programs, jumbo loans, and specialized products like the Lending to Heroes Program. Our services cover all major mortgage needs from first-time homebuyers to luxury property acquisitions.

How does the online application process work?

Our digital platform allows complete loan applications in minutes with document upload capabilities. After submission, a dedicated loan officer reviews your application and provides pre-approval guidance within 24 hours during business days.

What down payment assistance programs are available?

We offer FHA loans with 3.5% down, VA loans with $0 down for qualified veterans, and conventional loans with as little as 3% down. The Lending to Heroes Program also waives standard fees for eligible community servants.

How long does the mortgage process take?

Average closing times range from 21-45 days depending on loan type and documentation completeness. Our BuyNOW platform can expedite pre-approvals and offer acceptance timelines, with some transactions closing in under 3 weeks.

Do you offer mortgage refinancing options?

Yes, we provide rate-and-term refinancing, cash-out options, and streamline programs. Our refinancing calculator helps determine break-even points, and our team explains how current market rates compare to your existing mortgage terms.

What makes you different from other mortgage lenders?

We combine technology-driven efficiency with personalized service through NMLS-certified loan officers, proprietary tools like BuyNOW, and specialized programs for unique borrower needs while maintaining a 4.85/5 customer satisfaction rating.