Rate Rabbit
Overall Score 4.7 out of 5
Overall Score 4.7 out of 5
Personalized Score out of 5
Summary
Using unique loan pricing technology, Rate Rabbit strives to make refinancing as convenient and affordable as possible, while emphasizing transparency throughout the process. They offer guaranteed rates and fees, a quick quote option that does not require personal information, and the assistance of non-commissioned loan experts who can provide unbiased help at any time. With over 80 percent of their customers being either repeat or referred customers, it's clear that their services are striking a chord with homeowners.
![Rate Rabbit](http://cdn.transparent.ly/img/v2/mortgage_adv/6286.webp)
Review Highlights:
- Some of the lowest costs for refinancing available
- Guaranteed rates and fees takes away the guesswork
- Fully online application takes only a few minutes to complete
Ratings Highlights
As far as loan variety goes, Rate Rabbit scores fairly well. They have multiple fixed and ARM loan options, including an interest-only ARM that can work well for homeowners looking for a way to pay less and save more for a set period of time. They do not seem to service government loans including VA, FHA, or USDA loans, however, so homeowners hoping for those options may need to look elsewhere.
While Rate Rabbit does not post an exact credit score requirement on their site, our research indicates that homeowners typically need a score of 620 or higher, particularly because they don't offer government loans. Even with this limit, however, most homeowners are likely still eligible to work with this company and would do well to apply -- their rates are generally lower than what other lenders have to offer.
Company Background
Rate Rabbit is headquartered in San Diego, California, and offers their mortgage and refinance loan services completely online. They use advanced technology and a streamlined application to make getting a great loan easier than ever.
![Rate Rabbit](http://cdn.transparent.ly/img/v2/mortgage_adv/6286.webp)