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Get the Best Rates by Avoiding Potential
Pitfalls and Fraudulent Websites.

Watchdog Directory of Legitimate Websites.



Watchdog Fraud/SCAM Directory of sites to avoid.

** **
We have temporarily removed the list of the 200+ fraudulent Home Refinance Loans websites due to threats of legal action from these Cowardly SCAM sites. We are working to have our directory back up as soon as possible. But we CAN tell you which websites are NOT frauds. (lawyers .. now try to sue us.)


Online Home Mortgage Refinance Companies.

You've probably heard the advertisements on the radio or seen them on the television or in the newspaper:
Whether known as "Online Home Mortgage Refinance Companies" or "Online Home Loan Refinance Companies" or "Online Mortgage Refinance Companies", they are all part of a relatively new type of online refinancing network. And they are Hot.


Recent popularity.

Millions of people are finding themselves paying too much for their home mortgage. This may be because they financed their home back when interest rates were much higher than they are now. If you have an interest rate over 6% then you are paying too much. Online Home Mortgage Refinance Companies make it quick and easy to get the lowest possible interest rate on your home. This typically saves a family hundreds of dollars a month.


How they work.

Most of the online home mortgage refinance companies work something like this:

• You fill out a brief 1 or 2 page online form. This can normally be done in just a few minutes.
• The online home mortgage refinance company sends this form to its network of banks.
• You receive back a return email. This contains the best offers from the network of banks.
• You select the refinance offer you like best (normally the one with the lowest interest rate).

It is really that easy. If you like any of the offers you just reply to the email, indicating which offer you want to accept or to request more information. And all of this costs you nothing! There should never be an application fee.


Not all home mortgages are the same.

There are 3 bits of information about your loan that are very important:

Amount Financed: The amount of credit provided to you. This will normally be the amount of the loan you will receive from the lender.

Finance Charge: The dollar amount the loan will cost you. This is the interest you will pay on the loan.

Total Payments: The total amount you will have paid after you have made all payments as scheduled.

These figures can vary wildly between lenders. You should treat these refinance offers as you would a new car ... shop around for the best deal! Someone looking to secure a great home mortgage should fill out applications for several different Online Home Mortgage Refinance Companies, then accept the one with the lowest interest rate.. Why pay more than you have to?


Home refinance loans at your fingertips.

It used to be that to get quotes to refinance your home you had to go to several banks and sit in a lobby with many others. Fortunately this is no longer the case. There are now entire online companies that exists solely to administer these loans. Now the entire process can be completed quickly and easily from the privacy of your computer.
 

Fraudulent websites & Potential Pitfalls.  (back)

Unfortunately, as with any innovative idea come the scammers. Hundreds of "home refinance loans" websites have popped up, claiming to offer the best deals. Many charge excessive interest rates for even the smallest of loans. Other problems are:

1. Charging application fees (NEVER pay a fee to apply)
2. Excessive loan fees
3. Hidden charges
4. Zero help or customer service

Many of these SCAM sites won't even respond to customer requests. Eventually they get shut down due to too many complaints, or the State Attorney General forces them out of business. But the borrower is already locked into a bad deal, and the SCAMMERS just open another site under a different name in a different state. It's definitely "buyer beware".


Yes, you may find money in your attic (lower monthly payments)

If you can stay away from the SCAM websites, getting your home refinanced online through one of these home mortgage refinance companies can be a great way to get the best possible deal with the least amount of work.

Below is our list of recommended online home mortgage refinance companies. This list represents the most popular and respected sites in the industry. All companies listed below had to satisfy our following minimum requirements:

• Well organized, easy to navigate sites.
• Helpful resources available for newcomers.
• Short application form that can be completed in minutes.
• No application fees.
• No obligation.
• No hidden charges.
• Less than perfect credit not a problem.

(more info)

LoanWeb

Our Rating: 
Popularity: 

LoanWeb was founded in 1999 to provide homeowners and home buyers with a fast, convenient way to obtain a home loan. Since then, they have served over 500,000 homeowners.

Started by former executives of the Money Store and FIRSTPLUS Financial, LoanWeb prides itself in understanding what you the homeowner wants. They know and specialize in the mortgage business.

At LoanWeb you submit your home loan request just once. They then match you with up to four of their lending partners who range from national to local lenders. Their lending partners contact you directly so you can compare offers, compare options and decide which loan is best for you.

LoanWeb's service is FREE to all homeowners, regardless of credit. Start now by completing their four minute form: refinance, consolidate debt, make home improvements, obtain a second mortgage or home equity loan, or purchase a new home.

(more info)

Lending Tree

Our Rating: 
Popularity: 

Lending Tree is the leading online lending and realty services exchange that empowers consumers -- When Lenders Compete, You Win. Whether you're looking for a loan, a REALTOR®, or a new home, LendingTree can help.

Lending Tree lets consumers choose from up to four competitive loan offers from major, national, regional, and local Lenders across the U.S. When Banks Compete, You Win.®

Lending Tree connects consumers with a network of REALTORS® who can help you buy or sell your home. Their REALTORS® represent major franchises and independents nationwide, so whether you're staying in town, or moving to another state, LendingTree can match you with a local expert!

Lending Tree provides a convenient 'one-stop-shop' destination for your home and loan needs by giving you choices, convenience and value while finding the loan or home that's perfect for you.

They'll even tell you the most important questions to ask lenders, so you can be prepared before you speak with them.

Lending Tree makes it quick and easy to find a mortgage!

The Lending Tree service is FREE to all homeowners, regardless of credit. Start now by completing their four minute form: refinance, consolidate debt, make home improvements, obtain a second mortgage or home equity loan, or purchase a new home.

(more info)

LowerMyBills

Our Rating: 
Popularity: 

LowerMyBills is radically simple. The old way of banking can be intimidating, frustrating and outright unfair. At LowerMyBills, they do things differently. They specialize in hassle-free, honest lending and secure deposits with great rates—all with unmatched customer privacy and no surprises.

Most banks pay their loan consultants higher commissions for higher rates. That means they benefit from charging you more. LowerMyBills is different. Their consultants don't make a commission based on the rate of your loan or deposits. So count on getting the excellent rates you deserve.

LowerMyBills's position is simple: Your personal information is your private property. Named America's highest ranking online financial services company for privacy, they never sell or share your information with third party marketers. In fact, they won't share it with anyone unless you explicitly instruct them to do so.
Maybe that's why The Customer Respect Group, an international research and consulting firm that focuses on how corporations treat customers online, named LowerMyBills number 3 out of 464 major corporations in matters of protecting privacy.

LowerMyBills, unlike most lenders, never changes your rate at closing or surprises you with extra fees at the last minute.
At LowerMyBills, they tell you upfront that they sometimes use overseas companies to process and service loans. Their secure international affiliates can lower costs, creating a savings they pass on to you. Unlike their competitors however, they always leave the choice between domestic and overseas services to you.

The LowerMyBills service is FREE to all homeowners, regardless of credit. Start now by completing their quick form: refinance, consolidate debt, make home improvements, obtain a second mortgage or home equity loan, or purchase a new home.

(more info)

All Options

Our Rating: 
Popularity: 

Built on best-of-breed technology, AllOptions.com combines the best of comparison shopping and free quote services to help you research and find the best savings opportunities for you. At AllOptions.com, you are in control of a vast array of resources to help you find offers and save money. They help you search for the deals you want. It's that simple.

AllOptions.com was founded in 2004. Designed out of frustration with the current state of discount retailers online, they have been determined from the outset to design and build a more comprehensive Internet destination where users like you can find and compare deals and offers in one simple, easy to use format. This is no small task, and they are refining and improving their approach everyday with the great feedback they get from their customers.

AllOptions.com service is FREE to all homeowners, regardless of credit. Start now by completing their quick form: refinance, consolidate debt, make home improvements, obtain a second mortgage or home equity loan, or purchase a new home.