In a Nutshell
- Instant quotes by email, phone or internet form
- Multiple types of home loans available
- Duplicate forms for different lenders
- No anonymous quotes given
MortgageOnline.com at a Glance
Loan types: Mortgages and refinancing
Loan features: New homes, refinancing, reverse mortgage and home equity loans
Best for: Borrowers who like a step by step process to receiving fee-free quotes
MortgageOnline.com gives you a personal home loan experience that is targeted to your specific area and location. Obtain personal rates and quotes for 4 types of mortgage options including refinancing and new home loans. Access and compare mortgage lenders with a few easy clicks.
- 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
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.
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.
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.
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.
44 Wall St, Suite 505,
New York, NY 10005,