Where does Guaranteed Rate do business?
Guaranteed Rate is based in Chicago, IL. The company was founded in 2000 and offers mortgage refinancing to borrowers in 50 statess across the USA (and Washington, DC).
What is the maximum loan term for a mortgage refinance via Guaranteed Rate?
The term of a mortgage refinance will determine the cost of your monthly payments. Longer terms will typically reduce your monthly payments but it will also increase the interest you pay. Guaranteed Rate offers mortgages refinancing with terms ranging from 15 to 30 years.
Does Guaranteed Rate charge a mortgage origination fee?
Yes, Guaranteed Rate may charge a loan origination fee.
Does Guaranteed Rate charge prepayment fees?
Yes, Guaranteed Rate charges additional fees to borrowers who pay off their home loans sooner than anticipated. Take this into consideration when choosing a lender because prepayment fees can reduce or even cancel the interest savings of repaying a loan early.
What mortgage programs does Guaranteed Rate offer?
Guaranteed Rate offers the following mortgage programs:
- Conventional mortgages
- FHA 203k
What property usage types does Guaranteed Rate allow?
Some mortgage lenders restrict the type of usage borrowers give mortgaged properties. Guaranteed Rate allows the following property usage types:
- Primary home
- Secondary homes and vacation properties
- Inestment properties and house flipping projects
Other Services by Guaranteed Rate
- Washington, DC
- New Hampshire
- New Jersey
- New Mexico
- New York
- North Carolina
- North Dakota
- Rhode Island
- South Carolina
- South Dakota
- West Virginia