Refinancing a mortgage today may seem a lot more confusing then before - mainly because every TV ad claims to have the "guaranteed lowest rates" and other great sounding gimmicks. How then do you actually find the Real Lowest Rate for Refinancing?
I learned years ago, working for a mortgage company, that since the internet came around - there's simply no where better to find low rates! Why you ask? - It's really quite simple. The less expenses a mortgage company has, the better. That means that online companies offering refinancing and pretty much all other mortgage loans have way lower expenses then traditional banks and "offline" mortgage firms! They simply don't waste money on expensive offices, company cars, etc. Which means that there's a lot less money that they're trying to get from YOU!
Comparison companies are web sites that have agreements with many banks and mortgage lenders. They usually have anywhere from five to several hundered mortgage lenders that they work with - all in one huge database. Mortgage refinancing is typically a lot faster and easier through comparison companies because you only fill out one fast form - and get the best quotes from the lenders. A comparison company will use the quick form to forward your information to the mortgage lenders, review all of the quotes, and get back to you with the best ones, all for Free! And the best part is, most of them have No Credit Check!
Your best bet is to fill out a few quick forms with different mortgage comparison companies, that way your getting the best quotes from several hundered - to several thousand lenders, all across the country - competing for your mortgage. Think about it, having that many companies trying to get your mortgage will guarantee the best rate. That's why the best rates are online! The next step in mortgage refinancing is to simply review the quotes that you've received - and pick the best one!
Savings - This company provides you with quotes for Mortgage Refinancing, as well as home equity, debt consolidation and more. They do not pull your credit with the short application that this link points to. They offer quick responses and can get you a quote in 24 hours in most cases. They work with some of the best lenders, especially in the bad credit / poor credit field.
The Loan Page Several Free Quotes in Minutes - Mortgage Refinancing, Bad Credit, Home Purchases, Home Equity Loans, Debt Consolidation and Home Improvement Loans.
Lending Partners - Lending Partners handles Mortgage Refinancing, Home Equity, Home Purchases and Commercial Property Loans. They've served over 500,000 homeowners since 1999.
Countrywide A very well known lender, Countrywide has been growing more and more over the past few years. They have many bad credit programs and can probably get you a low rate, too. They approve 4 out of 5 applications and offer 100% financing for qualified buyers. Fill out their quick form and get a quote within a day or two.
The companies above cover the states of: Alabama AL Alaska AK Arizona AZ Arkansas AR California CA Colorado CO Connecticut CT Delaware DE Florida FL Georgia GA Hawaii HI Idaho ID Illinois IL Indiana IN Iowa IA Kansas KS Kentucky KY Louisiana LA Maine ME Maryland MD Massachusetts MA Michigan MI Minnesota MN Mississippi MS Missouri MO Montana MT Nebraska NE Nevada NV New Hampshire NH New Jersey NJ New Mexico NM New York NY North Carolina NC North Dakota ND Ohio OH Oklahoma OK Oregon OR Pennsylvania PA Rhode Island RI South Carolina SC South Dakota SD Tennessee TN Texas TX Utah UT Vermont VT Virginia VA Washington WA West Virginia WV Wisconsin WI Wyoming WY DC