Mortgage Rates Pro Review

Overall Score
3.9 out of 5
Trustpilot
Not rated
Loan Volume
Not rated
Editorial Rating
4.0 out of 5

Summary

As a free lender comparison service, Mortgage Rates Pro offers homeowners an easier way to get started on refinancing. Using their site, homeowners can find the lenders with the best offers.

Highlights

Review
  • Finds the best lenders for your needs, with no extra effort from you
  • Get results within minutes
  • Focuses on reverse mortgages for homeowners over 62
Overall
As a helpful comparison tool, Mortgage Rates Pro can make getting started on refinancing take just a few minutes. For homeowners otherwise struggling to find a lender, they find the best lender matches for your situation.

Mortgage Rates Pro Ratings

The team at BestRefinanceRates.com considers a variety of sources and methods to determine an overall ratings score. First, a lender's Trustpilot score (or TrustScore) is factored in, when available. Truspilot, a third-party review site, is a leading source regarding customer satisfaction and consumer sentiment. From there, for lenders that publicly release their financial statements, we research loan origination volume. Loan origination volume is one way to understand a lender's solvency and transactional reliability. Next is brand strength. For lenders who have met a certain threshold of engagement on BestRefinanceRates.com, we measure their relative popularity among our consumers. And finally, we offer our editorial ratings, which rely heavily on in-depth brand research and secret shopping.

Editor Ratings

Loan Variety
Loans Offered Include: Varies by lender
As they allow you to compare multiple lenders at once, you will likely find a wide variety of loans available through Mortgage Rates Pro. They do have a particular focus on reverse mortgages.*
Fees
Fees depend on the lender you choose. As a comparison service, Mortgage Rates Pro works to find homeowners lenders with the lowest rates.**
Customer Service
Mortgage Rates Pro includes a phone number for homeowners to reach a loan expert, but overall does not offer the same level of customer service as most direct lenders do.
Company Reputation
Mortgage Rates Pro does not have much in the way of customer reviews online, but it is a helpful service for simplifying the refinance process.
Ease of Application Process
While Mortgage Rates Pro does ask users a few questions in order to match them with lenders, they do not have a refinance application. Homeowners will fill out an application with their actual lender.
For Lower Credit Scores
Minimum Credit Score: Varies by lender
While finding a lender with reasonable rates can be difficult for those with lower credit scores, Mortgage Rates Pro makes it easier by finding the best lenders for you.
For Higher Credit Scores
If your credit score is on the higher end, you should have many great options available when it comes to refinancing. If you are struggling to find what you're looking for, however, Mortgage Rates Pro is a quick way to compare rates from multiple lenders at once.

Additional Ratings

Trustpilot Rating
Not rated
  • Mortgage Rates Pro is not rated on Trustpilot
Loan Volume Rating
Not rated
  • As a comparison service, Mortgage Rates Pro cannot be rated for loan volume
Editorial Ratings
  • By providing company comparisons, Mortgage Rates Pro aims to make refinancing easier for anyone struggling to choose a lender.

Company Background

Created with the goal of making refinancing easier on homeowners, Mortgage Rates Pro is a comparison service that utilizes unique technology as a means of finding homeowners their perfect lender match.