How does RateGravity make money?
RateGravity is paid a fee by lenders in their network equal to .25% of your loan amount. Because this fee is a fraction of the typical commission paid to a mortgage salesperson, you get a lower rate. I encourage you to shop around with other lenders and see for yourself where you can find the lowest rates.
Will RateGravity service my loan?
No. RateGravity is a technology and service that will help you locate the right lender for your specific needs. When they have found the right lender at a low rate, they remain your advocate throughout the loan process. Ultimately, the lender will be the one servicing your loan.
Do you have a formal relationship with RateGravity?
No. RateGravity is an unaffiliated mortgage service. We urge all of our customers to evaluate multiple options when trying to find the best mortgage for their situation.