Best Reviews TopConsumerReviews.com Best Mortgage Refinance Programs Best Reviews
Best Reviews
      January 21, 2019

Home  >  Mortgage Refinancing  >  Quicken Loans vs Mortgage Search 123

Best Mortgage

Refinance Programs

  1. Quicken Loans
  2. The Easy Loan Site
  3. Rate Marketplace
  4. Mortgage Srch 123
  5. Lower My Bills

Compare Products

  • Select any 2 companies in our reviews to compare them head-to-head!
  • Compare

Your Information Is Secure
Mortgages: The Complete Guide Newsletter

Latest Reviews

Bunk Beds

Charm Bracelets

Dating Sites

Eczema

Flower Delivery

Fruit Baskets

Guitar Lessons

Hair Loss

Menopause Relief

Online Stock Brokers

Watches

 

Individual Reviews

Lending Tree

Quicken Loans

The Easy Loan Site

Rate Marketplace

Mortgage Search 123

Lower My Bills

 

Related Articles

The Basics of Refinancing Your Home Mortgage

What to Know Before Refinance Your Home Mortgage

The Latest News in Home Mortgage Refinancing

 

Our professional reviewers evaluate products and services independently, but Top Consumer Reviews may earn money when you click on the links on our pages. Learn more.

Better Business Bureau Reliability Seal

Quicken Loans vs Mortgage Search 123

Best Mortgage Refinance Companies

To help you find the Best Mortgage Refinance Programs, TopConsumerReviews.com provides you with an in-depth comparison of Quicken Loans and Mortgage Search 123.

To see ALL of our reviews for the Best Mortgage Refinance Programs, please Click Here

When is it a good time to refinance your mortgage? If your existing mortgage rate is higher than the current rate for your credit score and mortgage type, you need to explore it. Would you like to lower your mortgage payment to make your house more affordable? Are you considering updates to a kitchen or a bathroom, and want to get some extra cash to afford them?

Before you stop off at the local bank to discuss home refinancing you should consider comparing refinance options online. Just visiting your local bank won't give you your best rate, which means you'll pay more. Refinancing your home through an online mortgage refinance company lets you quickly find the best rate given your credit worthiness, loan size and type.

Continue reading below reviews

Best Reviews

2019

Mortgage Refinance Reviews

4 stars
Quicken Loans

QUICKEN LOANS Visit Site

Toll-Free Number:

877-715-0889

Quicken Loans have been in business for over 25 years and currently has an A+ rating by the Better Business Bureau. Their name is a good representation for the turnaround time it takes for their loans to close. Most loans close between 2-4 weeks, which is considerably quicker than the majority of lenders.

The website is well designed and easy to follow. You can start the loan inquiry process online for free, however an application fee exists if you decide to move forward with the loan presented by Quicken. This fee to is to cover the cost of pulling your credit score and managing the process.

Inquiry Process:

  • Complete online request identifying mortgage goal, mortgage amount, home value, credit rating, contact information and more
  • A Home Loan Expert calls to verify your credit score and discuss your refinance goals
  • Get matched to a loan
  • Make a deposit to cover the loan processing costs

Quicken Loans offers a full-service, well designed website that helps you learn more about mortgages, refinancing, credit scores, and much more. Quicken Loans also provides credit repair information, in case you want to raise your credit scores.

With a strong reputation, we know that Quicken Loans has a lot to offer. They have an excellent history, closing thousands of loans in the last 25 years, and have a great customer service team. We would have liked to have seen more information provided online before speaking with a loan representative, but that's just a minor quibble. If you're looking for a quick mortgage refinance, Quicken Loans (877-715-0889) is a great place to start.

Visit Site

1.5 stars
Mortgage Search 123

MORTGAGE SEARCH 123 Visit Site

Mortgage Search 123 is not your standard refinance website. They focus their effort on those individuals looking to refinance their home to avoid foreclosure. Mortgage Search 123 matches consumers with companies that may offer foreclosure prevention services. They clearly state the lender may not be willing to change the consumer's loan so we have to wonder if they are leading people in for debt management services instead.

The look and feel of Mortgage Search 123 is unprofessional and unimpressive. The website lacked information about the legitimacy of the company and the overall loan inquiry process.

Inquiry Process:

  • Complete online request with property location, home value, credit, contact information, status of house payments and credit card payments, total monthly debt payments and more.
  • A loan contact from any bank interested in working with you will call.
  • Choose a loan based on the conversations you've had with various banks.

Mortgage Search 123 lacked the necessary credentials and information we were looking for to become comfortable with providing them much information. We also didn't like that their only focus was refinancing to save from foreclosure. We recommend you choose a higher ranked mortgage refinance company to assist with any of your loan needs.

Visit Site

Continued from above

The best refinance companies allow several banks to compete for your loan, in order to provide you the lowest mortgage payment. They save you the hassle of calling several banks and lending institutions, and completing multiple refinance applications.

But not all online mortgage refinance brokers are the same. Before you start your search you should consider the following:

  • Number of Lenders.  How many banks and lenders does the company work with to find you the best rate? The larger the number, the more likely you'll receive the best rate.
  • Application process.  What is the process of gathering the information needed to begin the mortgage search?
  • Timeliness.  Are you going to have to wait for a call to discuss all of the necessary details, or will the online application expedite the process and provide you the details you're looking for?

TopConsumerReviews.com has reviewed and ranked the best online mortgage refinance providers available today. We hope these reviews help you as you decide to refinance your mortgage!

U.S Mortgages - Rates Hold Steady, While Applications Rise Further

Mortgage rates held steady in the week ending 17 th January 2019, with 30-year fixed rates holding onto last week's decline to remain unchanged at 4.45%. The lack of an upward move marked a 10 ...

Published:  Sun, 20 Jan 2019 00:21:00 GMT



Mortgage refinancing spree becomes a race against the clock

Some 43 million homeowners can reduce their mortgage interest rate by refinancing, according to a recent mortgage report by Black Knight, a mortgage data and analytics company. One such way to do this ...

Published:  Thu, 17 Jan 2019 23:25:00 GMT



Digital mortgages are here

If you're a move-up buyer looking to purchase your second home, you might be pleasantly surprised by changes in one aspect of your experience: You can now apply for your mortgage completely online, ra...

Published:  Sun, 20 Jan 2019 03:00:00 GMT



Remember the subprime mortgage mess $1.2 trillion in risky corporate debt is flashing similar warning signs

(Los Angeles Times) This time, however, the borrowers in this credit bubble aren't homeowners taking out mortgages. They're hundreds of U.S. companies with weaker credit ratings, many of them well-kno...

Published:  Sun, 20 Jan 2019 13:00:00 GMT



Quicken, New American top ranking of best mortgage lenders

For refinance loans, NerdWallet ranks Chase and Lenda among the top lenders, while PNC and U.S. Bank claim the top spots for home equity lines of credit. Rocket Mortgage and Guaranteed Rate rank ...

Published:  Mon, 21 Jan 2019 04:45:00 GMT



Reverse Mortgages Are A Bust Partly Because Average Home Equity Is $80,000

I am unsure the reverse mortgage industry is sound. It is regulated by various different agencies including the embattled Consumer Financial Protection Bureau, which if the CFPB was allowed to functio...

Published:  Thu, 17 Jan 2019 10:49:00 GMT



Real-Estate Matters | Know costs involved with refinancing mortgage

Q: If you have a fixed-rate mortgage, why would you ever want to refinance if you plan to stay in the home for the duration of the mortgage A: That's a good question. There are many reasons you might ...

Published:  Sun, 20 Jan 2019 02:31:00 GMT



Commercial Mortgages: Getting maximum benefits from opportunity zone financing need to be taken in 2019

Like the 1972 hit song by Paul and Linda McCartney and sung by Wings, most in commercial real estate spent last year worried about how rising interest rates were going to get "Hi, Hi, Hi." Now, the fe...

Published:  Sun, 20 Jan 2019 20:26:00 GMT



Unpaid federal workers can sidestep rules to apply for cash-out mortgage refinance

As the partial government shutdown drags on with no end in sight, furloughed federal workers are faced with mounting financial obligations and a variety of relief options. The latest one is cash-out r...

Published:  Fri, 18 Jan 2019 22:23:00 GMT



Deborah Kearns: The 4 most common mortgage and real estate scams and how to stop them

Loan flipping What it looks like: Loan flipping is when a predatory lender persuades a homeowner to refinance a mortgage repeatedly, often borrowing more money each time. The scammer charges high ...

Published:  Sat, 19 Jan 2019 14:27:00 GMT



Share Us!    Share TopConsumerReviews.com on Twitter Share TopConsumerReviews.com on LinkedIn Share TopConsumerReviews.com on Google+ Share TopConsumerReviews.com on Pinterest

Home      About Us      Terms & Conditions      Privacy Policy      Contact Us      Disclosure