FAQs about Competitive Mortgage Offers
Here are the answers to the most commonly asked questions about competitive mortgage offers.
What are competitive mortgage offers?
Competitive mortgage offers are quotes on low-cost, high-quality mortgage loans from a variety of certified lenders. Our competitive mortgage offers will sum up the features of the loan as well as the rates, fees, and charges. You will see our competitive mortgage offers in easy-to-understand, straightforward language to help you compare offers easily. However, make sure to read our smart tips for homebuyers page before you sign anything.
How do I apply for competitive mortgage offers?
You can apply for competitive mortgage offers by filling out our free online application. The application is brief and will only take you a few minutes to complete. Once we receive your application, we will supply you with at least four quotes on competitive mortgage offers from several lenders in our network. You see these offers side-by-side to make your comparison shopping as hassle-free as possible. All you have to do is compare the offers on rates and terms to determine which loan is right for you.
Is there any fee to apply?
No, we will give you a minimum of four competitive mortgage offers for no charge. Our competitive mortgage offers are also no-obligation, so you have nothing to lose by applying.
Who will actually originate my mortgage loan?
We are a free referral service, not a lender. Thus, we partner with a large network of certified lenders across the country that are willing to give our customers competitive mortgage offers. Which lender originates your loan will depend on your geographic location, credit, and mortgage needs. Our lending network includes most major financial institutions and mortgage lenders at the local, regional, and national levels.
What if I don't have perfect credit?
Our lenders can still give you competitive mortgage offers if you don't have perfect credit. Of course, the better your credit is, the lower your interest rates will be. However, most of our lenders are willing to work with consumers with average or below-average credit to meet their mortgage needs. Even if you have credit challenges, you still might be able to get competitive mortgage offers if you are willing to make a larger down payment.
