MortgageOnline.com Review

MortgageOnline.com at a Glance

MortgageOnline.com gives you a personal home loan experience that is targeted to your specific area and location. Obtain personal rates and quotes for four types of mortgage options including refinancing and new home loans. Access and compare mortgage lenders with a few easy clicks.

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MortgageOnline.com Highlights

  • Easy-to-use interface speeds up the estimate process
  • Large graphics make it easy to find rates on mobile devices
  • Compare loans and lenders from your local area

Pros

  • Forms are easy to follow
  • Multiple types of home loans are available
  • Local rates are provided based on your zip code
  • Instant quotes are available via email, phone, or internet
  • Easily compare lender features and access direct websites

Cons

  • Duplicate forms must be filled out for different lender quotes
  • No anonymous quotes are allowed
  • Only highly qualified borrowers can receive instant quotes

Ease of Functionality

Mortgages can be complicated, but MortgageOnline.com tries to streamline the process as much as possible. The website’s quote wizard guides you through the process step-by-step without making things too complicated or overwhelming. Many selections are indicated by large icons, allowing you to easily follow the process on smaller screens. Navigation is made easy with lenders broken down into different sections.

Features

Easily access mortgage rate information for four types of loans: new home loans, refinancing, reverse mortgage, and home equity loans. The rates are broken down by annual income, estimated credit score, and the time of the loan. Rates are available for standard 30-year loans, and special rates are available for FHA loans, 15-year loans, and adjustable-rate mortgages. The versatility makes it easy to compare lenders and gain access to local lenders in your area.

Customer Support

One-on-one customer support is limited on MortgageOnline.com. The best way to get support is to seek a direct quote from one of the lenders that you are compared with. MortgageOnline.com is a third-party aggregate provider, so there is no direct help available by email, online chat, or phone. Once your data is entered, you will often receive direct contact from lenders so they can answer any questions that you have.

Getting Quotes

Easily access a list of available lenders on a single results page. If you are highly qualified for a loan, it’s easy to compare rates and visit the lenders’ websites to finish the loan application process. One of the pitfalls for users with low down payments or low credit scores is the inability to see instant quotes. In this case, you’ll receive a list of qualified lenders, and you then must fill out additional forms for information on FHA loans or various rate options.

Return on Investment

MortgageOnline.com offers rates at no charge to users. The information is not available anonymously, so you must use a valid address, email, and phone number to receive direct quotes. The organization and lack of fees make it easy to compare rates and get loan comparisons without impacting your credit score.

So, Should you Borrow With MortgageOnline.com? 

First-time homebuyers and others seeking mortgage rates and estimates will have an easy time navigating MortgageOnline.com. The website’s instant quote tools are easy to follow and compatible with phones and tablets. Users with low income or credit will need to do a bit of extra work, but lender access is easily made available to find out more information.

Physical Address

MortgageOnline.com 

44 Wall St, Suite 505, 

New York, NY 10005, 

USA

 

Advertising Disclosure

This site is a free online resource that strives to offer helpful content and comparison features to its visitors. Please be advised that the operator of this site accepts advertising compensation from companies that appear on the site, and such compensation impacts the location and order in which the companies (and/or their products) are presented, and in some cases may also impact the rating that is assigned to them. To the extent that ratings appear on this site, such rating is determined by our subjective opinion and based on a methodology that aggregates our analysis of brand market share and reputation, each brand's conversion rates, compensation paid to us and general consumer interest. Company listings on this page DO NOT imply endorsement. Except as expressly set forth in our Terms of Use, all representations and warranties regarding the information presented on this page are disclaimed. The information, including pricing, which appears on this site is subject to change at any time.

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