Best Reviews TopConsumerReviews.com Best Mortgage Refinance Programs Best Reviews
Best Reviews
      November 18, 2018

Home  >  Mortgage Refinancing  >  Lower My Bills Review

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

Guitar Lessons

Hair Loss

Lice

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

 

Disclosure: We pay our reviewers for their reviews. We are not compensated by companies for their reviews, but we may be compensated for links and advertisements on our website. Click here for details.

Better Business Bureau Reliability Seal

Lower My Bills Review

Best Mortgage Refinance Companies

To help you find the Best Mortgage Refinance Programs, TopConsumerReviews.com provides you with an in-depth Lower My Bills Review.

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

2018

Mortgage Refinance Reviews

1 star
Lower My Bills

LOWER MY BILLS Visit Site

Lower My Bills is a free online service that provides rate comparison information for home refinancing, home equity, debt consolidation and more. The thought is, if you can find a lower cost provider you can save money on your monthly bills.

The process of obtaining those promised free quotes was simple and included answering questions related to the type of home, your credit score range, the year of original purchase, home value, mortgage balance, 1st and 2nd mortgage information, purpose of refinance, employment status, address, phone number and a few other simple questions.

Inquiry Process:

  • Complete online request including property type, the type of loan, credit profile, purchase year, home value mortgage balances, current lender, rate info, age, address and more.
  • You're directed to some, none or up to 4 website links that take you to new companies that again require you complete the inquiry process.
  • Next step is dependant on new website you're directed to.

Once the questionnaire was completed we expected a list of rates to appear given the very detailed and personal information we had provided. However, we only received four links to different websites that wanted the same information completed. Some of those four links even provided erroneous results - furthering our disappointment. For example, we put in an Indiana address and zip code and some of the results were for Fresno California. This left us wondering what Lower My Bills was planning to do with our personal information.

If the goal of Lower My Bills was to provide convenient rate mortgage rate comparison information - they failed. If the effort was to lure people into providing personal and financial information for the purpose of potentially selling to other companies, they were successful.

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!

What is mortgage recasting, and why do it

There's a big difference between recasting a mortgage and refinancing one, even though both can help borrowers save money. Recasting is easier than refinancing because it requires only a lump sum of m...

Published:  Fri, 16 Nov 2018 15:07:00 GMT



Dan Haar: State charges against mortgage firm highlight debate over regulation

No state deal Even as DiIorio worked to respond to the state's accusations, 1st Alliance eliminated 40 jobs in July as the mortgage business softened, with rates rising and the refinancing boom over. ...

Published:  Sat, 17 Nov 2018 23:46:00 GMT



Mortgage rates plateau amid stock market fluctuations

The purchase index dropped 2.3 percent. The refinance share of mortgage activity accounted for 39.4 percent of all applications. "Purchase mortgage applications decreased year-over-year for the third ...

Published:  Thu, 15 Nov 2018 06:23:00 GMT



U.S Mortgages - Rates Steady after early November's Jump

Following the previous week's 11 basis point jump in 30-year fixed mortgage rates to a 7-year high, rates held steady in the week ending 15 th November, with a number of factors pinning mortgage rates ...

Published:  Sat, 17 Nov 2018 23:28:00 GMT



Mortgage firm positions in Big Four plan

The Kenya Mortgage Refinance Company (KMRC) will then sell the affordably priced houses to Kenyans. KMRC will be owned by the Government, banks and Saccos, with the National Treasury expected to invit...

Published:  Sat, 17 Nov 2018 13:00:00 GMT



Retirement interest only mortgages

A new type of mortgage is establishing itself as an option for older borrowers who want to free up equity from their home, or combine paying for their home with saving for retirement or care costs. Re...

Published:  Fri, 16 Nov 2018 06:32:00 GMT



Mortgage rates forecast for 2019: experts weigh in

"I would encourage anyone refinancing from an adjustable rate mortgage or a home equity loan with a stale floating rate to do so sooner rather than later," suggests Goldrick. Others say it's ...

Published:  Fri, 16 Nov 2018 11:35:00 GMT



Mortgage rates hold steady as housing market stresses mount

Those rates don't include fees associated with obtaining mortgage loans. Fixed-rate mortgages move in line with the U.S. 10-year Treasury TMUBMUSD10Y, -1.08% note, although with a slight delay. Invest...

Published:  Thu, 15 Nov 2018 06:16:00 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