Best Reviews TopConsumerReviews.com Best Mortgage Refinance Programs Best Reviews
Best Reviews
      December 7, 2019

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

Copyright Registration

Gift Boxes

Home Security Systems

Maternity Clothes

Painting Lessons

PMS Relief

Website Templates

Wedding Planning Software

 

Individual Reviews

LendingTree

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

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

2019

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!

Report: More than 6.8 million homeowners can cut their mortgage payments with refinancing

With the average interest for 30-year fixed-rate mortgages below 4 percent again, millions more homeowners can save money by refinancing their loans. The recent drop in rates means that 6.8 million ...

Published:  Wed, 04 Dec 2019 10:23:00 GMT



What you should ask before you refinance your mortgage

Instead, mortgage rates seemed to hop on an L.L.Bean toboggan last December and coast merrily downhill to a three-year low in September. That fueled a flurry of refinancing and the best quarter for ...

Published:  Sat, 30 Nov 2019 21:06:00 GMT



In 2020, home sales to rise but refinancing to dip, mortgage bankers say

The Mortgage Bankers Association predicts mortgage rates will remain low in 2020, rising to an average of about 4% by the end of next year, with the impact confined mainly to boosting home purchases ...

Published:  Sat, 30 Nov 2019 02:00:00 GMT



Mortgage rates settle after an up-and-down week

certified mortgage planning specialist at Academy Mortgage in Yuma, Ariz. "It feels like an ocean tide, rising and falling but at the end of the day, the water level averages exactly the same." ...

Published:  Thu, 05 Dec 2019 07:42:00 GMT



Low interest rates make refinancing a good option

Anyone with an existing mortgage may save money by refinancing it if their current mortgage rates are more than 4%, and possibly even less if their mortgage rate is variable and scheduled to change in ...

Published:  Tue, 03 Dec 2019 12:40:00 GMT



Refinancing Your Mortgage Loan? Homeowners In These States Have The Best Shot.

If you're looking to refinance your mortgage loan in light of today's low interest rates, then you're in luck. According to new data, a whopping 75% of refinance applications are getting approved ...

Published:  Thu, 05 Dec 2019 10:16:00 GMT



Weekly mortgage refinance applications surge over 300% from a year ago, but there's a catch

Points dropped to 0.30 from 0.33 (including the origination fee) for loans with a 20% down payment. Mortgage applications to refinance a home loan rose 4% for the week and were 314% higher compared ...

Published:  Wed, 27 Nov 2019 12:42:00 GMT



Here are the best and worst states to refinance

It is easier to refinance your home in some states than others, a new study shows. On average, 75% of mortgage refinance applications are approved. But in some states like Utah homeowners are more ...

Published:  Thu, 05 Dec 2019 09:10:00 GMT



Refinance mortgage rate rises for Wednesday

Refinance rates were mixed, but one key rate climbed higher. See what that means for you if you're in the market for a mortgage.

Published:  Wed, 04 Dec 2019 04:32:57 GMT



Share Us!   

Home      About Us      Terms & Conditions      Privacy Policy      Contact Us      Disclosure