Greenlight Loans/Greenlight Financial is a direct lender based in California. It's one of the larger consumer lenders in the nation. The company is licensed across the United States. Greenlight Financial is a division of NationStar Mortgage, LLC. Whether you are looking for a fixed rate or adjustable rate (ARM), a jumbo or conventional mortgage, or a VA product, chances are that Greenlight has you covered. Greenlight maintains a strong online presence, and consumers can use mortgage calculators and compare payments on different home loan options. Borrowers can also contact Greenlight's customer service department with inquiries regarding various mortgage loans. Greenlight Financial accepts applications over the phone and online, making the application process much simpler than that of comparable lenders. According to the company's website, the high levels of automation in its mortgage loan processing helps with the cost of its rates. Processing a home loan is typically expensive and time consuming, especially for larger lenders like Chase or Wells Fargo, so it makes sense that Greenlight can offer more competitive mortgage rates with a more automated system. NationStar Mortgage has changed its name to Mr. Cooper. Ready to refinance your mortgage? Looking to buy a home? See how Mr. Cooper mortgage rates stack up now! This bank profile is not an endorsement or advertisement for the bank's products and services. RateZip is an independent publisher of bank information.