This content is a paid advertisement from Credible Operations, Inc., called “Credible” below. If you click on the links below, Credible will compensate the publisher of this content. The owner of this website and publisher of this content do not endorse or promote the services of Credible or any other provider of mortgage brokerage services.
While mortgage rates dropped to record lows at the end of 2020 due to the recent health pandemic, that doesn’t mean they’ll stay that way as 2021 gets underway. In fact, as we enter into February and March of this year, rates may slowly climb back up as the economy gains momentum again.
Given the current climate and lower interest rates, refinancing your mortgage can be an effective way to manage your monthly bills and stay on track toward your financial goals. But with so many lenders out there, it’s hard to know who to trust and which rates are best for your specific situation. That’s where Credible comes into play.
A one-stop-shop for all your refinancing queries, Credible takes the confusion out of the seemingly complex — and oftentimes overwhelming — loan-shopping process. In fact, it lets users compare prequalified rates from a handful of lenders all on a single, easy-to-navigate platform.
Credible can give you prequalified rates in mere minutes. Simply enter in a few details about your current situation, and, in minutes, you’ll get a list of rates you may qualify for with just a soft credit pull that has no impact on your credit. You’ll then have access to digestible breakdowns of each prequalified loan option’s approximate costs to help you pick a lender that works best for you. If you choose to apply for one of these loan options, there will be a hard credit pull that will impact your credit score.
In addition to comparing rates, Credible’s helpful interface lets you seamlessly upload documents, making the application process as smooth as butter. The data you provide is encrypted with 256-bit encryption, and Credible does not share your information with lenders unless you choose to apply for a loan with one of them.
Toting an impressive 4.7/5-star rating on Trustpilot, you can bet Credible is your best option when it comes to shopping for the best rates to refinance your mortgage.
“Great site and well informed.” – Ronald J.
“…It was a very simple procedure. Within about 5 minutes I was filling out an online application for my loan.” – Walter
“Credible offered several loan solutions, and we chose the one best for our situation. I’m very pleased with the experience I had.” – J. Vetter