WHY WE STARTED LOW RATE CO.

Times have changed, the mortgage industry should too.

We don’t believe in charging buyers unnecessary commission and fees, the process of finding the home of your dreams can be long and trying. We truly believe that once you find it, financing should be the easy part. That’s why we created Low Rate Co. 

Pay for the home, not for the service. Whether you are a first-time home buyer, refinancing your home, or an experienced income property owner, we are here to provide financing options that fit your needs without setting you back.

WHAT WE DO

Low Rate Co. finds you the lowest available mortgage rates

We believe that shopping mortgage rates online should be no different than any other transaction, but make it commission-free.

Buy or Refinance your Home

We make the process easy and transparent. No salespeople, no mortgage brokers. We let you apply directly online 24/7, set your financial goals from Day 1, and secure a rate quote, so you can set out to find a home with the peace of mind of a clear budget.

Get Pre-Approved

We get pre-approved in minutes and won’t have you waiting for an agent or underwriter to be available to review your file. Apply yourself, get a rate quote, and start hunting for your dream home in minutes.

Calculate your Payments

You can also calculate your payments, whether it is for a purchase or refinancing, and get a clear estimate of what your mortgage will cost you on a monthly basis. Weight your options and find out how much money a Low Rate could save you.

Testimonials

How do we guarantee the lowest rate?

The Low Rate Co. cuts out the middlemen as well as the commission and fees that come with… Here’s what you should know about brokers:

What’s a mortgage broker?

Mortgage brokers are INTERMEDIARIES. They don’t control the borrowing guidelines, timeline or final loan approval. Brokers are licensed professionals who collect your application and qualifying documentation, and can counsel you on credit report and finances. See where we are going with this? Although it can be beneficial to have a broker to help, it is not a mandatory step in buying your home.

How do they get paid?

Mortgage brokers charge a fee for their services, about 1% of the loan amount. That fee can be paid by the borrower or lender, but is usually paid upfront at closing by the borrower: YOU. In short, you are paying for a service you might not even need.

Are you paying loan officer commissions?

Who's really paying commissions? Mortgage commissions paid to a traditional loan officer will drive your rate up. A loan officer used to search for the best options for you before the internet made "search" possible, now you can search for yourself. Searching for the lowest rate through Low Rate Co will eliminate the sales commissions paid. This drives your price down, and you end up with a lower rate. Knowledge is power, now you can compare loan programs and prices on LowRateCo.com.

Cut the Rate, not the service.

Low Rate Managers are licensed, trained, skilled advisors who will assess your situation and step in at a moment's notice to guide you into the right loan program. Low Rate Co understands that you still may need high-level advice, guidance, or support. Our Loan Rate Management team is available to listen to you and guide you 24/7 into the right loan program, but since they don't get paid commissions, they are only motivated by which program provides the best solution for you. Let Low Rate Co guide you through this mortgage process for the next 30 years!

What’s a mortgage broker?

Mortgage brokers are INTERMEDIARIES. They don’t control the borrowing guidelines, timeline or final loan approval. Brokers are licensed professionals who collect your application and qualifying documentation, and can counsel you on credit report and finances. See where we are going with this? Although it can be beneficial to have a broker to help, it is not a mandatory step in buying your home.

How do they get paid?

Mortgage brokers charge a fee for their services, about 1% of the loan amount. That fee can be paid by the borrower or lender, but is usually paid upfront at closing by the borrower: YOU. In short, you are paying for a service you might not even need.