Question 1

How would you describe what RateChecker.com does?

Accepted Answer

RateChecker.com is a site that lets consumers compare mortgage quotes side by side and get matched with lenders in our network. We take the information you submit and pass it along to participating members that provide the product you selected.

The business behind RateChecker.com is Astoria Company. We are not a lender, nor do we issue loan approvals or determine rates.

Question 2

Does RateChecker.com operate as a lender or mortgage broker?

Accepted Answer

Neither role applies. RateChecker.com is not a lender, bank, or mortgage broker. We do not fund loans or give lending guidance. Browsing this site or filling out a form does not establish a borrower-lender relationship between you and us or any network participant.

Question 3

Where do the displayed rates and terms come from?

Accepted Answer

Only members within the RateChecker.com network decide rate quotes and terms, not RateChecker.com itself. Whatever rate or product details you receive originate from those members.

Question 4

Should I expect lenders to contact me after submitting a form?

Accepted Answer

By completing an online application, you give members of the RateChecker.com network permission to reach out by phone or email. Members will only make contact when they provide the loan product or service you showed interest in.

Question 5

Am I obligated to accept a quote or work with any lender who contacts me?

Accepted Answer

Absolutely not. You are free to explore this site and submit a quote request with no duty to accept anything. Should a lender get in touch, the choice to proceed rests entirely with you. You can also call the phone number shown on this site if you prefer to start by phone.

Question 6

In what ways is the personal information I share used?

Accepted Answer

After you request contact, the details you provide are sent to participating network members so they can evaluate your request. We recommend reviewing our Privacy Policy before disclosing any personal information. You can stop receiving messages from RateChecker.com whenever you wish. To end contact from a specific lender, reach out to that company on your own.

Question 7

How soon can I expect to hear back?

Accepted Answer

Response time varies by loan product and how many lenders serve your region. A lot of consumers receive a reply within one or two business days. For immediate assistance, dial the number listed on ratechecker.com.

Question 8

Which loan products can I get quotes for?

Accepted Answer

The majority of visitors request quotes for a home purchase, a refinance, a home equity loan or line of credit, or a reverse mortgage. If you have another mortgage product in mind, submit a request or call us, and we will let you know whether a network member can assist.

Question 9

Who is eligible to request a reverse mortgage quote?

Accepted Answer

Reverse mortgage programs are intended for homeowners who are 62 or older. A participating lender can walk you through eligibility, payout options like a lump sum, monthly payments, or a line of credit, and whether a reverse mortgage suits your retirement goals. We do not approve loans or promise any particular payout.

Question 10

Does RateChecker.com promise a specific rate or loan approval?

Accepted Answer

No. No website or matching service can promise a rate, a closing, or loan approval. The outcome hinges on your financial situation, the loan product, and the lender you decide to work with.