Frequently Asked Questions
We have an ability to send loans out to 130 different banks which enables us to locate the best rates for our clients. Remember, most mortgage lenders only work with 2-5 banks. As you’d imagine, we have much more to offer.
We’ve developed a beautifully efficient system to make your home buying process a piece of cake. Whether you’re buying a new home or refinancing your current one, Mortgage Goat sorts through hundreds of lenders to find you the best rates available.
We have a plethora of ways that you can refinance. Do you want to lower your rate? Perhaps you’d like to shorten your term or take money out. We have all of these refinance options and more – perfectly tailored to your individual situation and needs.
We’ve seen it all in this business and know how to help. Whatever the credit score, we have an option that can help you thrive in your home buying or refinancing journey.
We provide residential and commercial mortgages. We educate consumers on everything mortgage and refinance, letting them know that they don’t always need to go to big banks to get a good deal on a loan.
No, we’re a broker. We work with 130 different banks which helps us to locate the best rates imaginable for our clients. While most mortgage lenders only work with 2-5 banks, we have so much more to offer.
Simply put – we have more products available and have the ability to procure much better rates compared to big banks. We’re a dynamic lender that can truly tailor a mortgage or refinance according to your exact specifications. No matter your circumstance, we can work with you. We care about our clients and pay extra attention to their needs, especially compared to large banks.
Any rates that we quote are real rates you can lock in and are not mere estimates. It’s as simple as that!
First, we establish your goals and work to understand the big picture of your financial details such as your credit score. Then, we calculate the numbers and determine the ideal budget compared to your financials. Finally, we help you make offers and close the deal – fast, confidentially, and securely. We want the process to be as simple and straightforward as possible for our clients.
Security is of the utmost importance to our organization. We use international bank-level encryption to protect your personal financial information. Rest assured that safety and security are our top priorities. We wouldn’t be in business if this wasn’t the case. We will never sell your data or use it for any purposes aside from those outlined in our Privacy Policy.
It’s possible that a Mortgage Goat application has a minor effect on your credit score if you’ve had your credit checked multiple times in the past few months. However, getting your credit checked with us will (at most) lower your score by 3 to 5 points, and checking your credit is necessary for getting a mortgage or refinance.
Before you work with us, it’s a good idea to have the following details handy:
We have a range of loan options available for any type of credit score. If you have a low credit rating, it’s okay. We can present options that are adapted to your financial situation. It’s another reason why people like working with us instead of a less personalized large banking institution.
If you don’t have immediate funds available, that’s okay. We can roll any closing costs into your loan, so you don’t pay any cash out of pocket.
You can get a loan to take cash out, shorten your loan term, lower your payment, or even a combination of these! We are realistic and recommend the strongest route forward based on your numbers and financial situation.
Yes! It’s absolutely free to work with us, see your options, and get approved. There are no hidden fees and we are transparent with our pricing. If you decide to move forward with your loan, we clearly lay out our fees, so you know exactly what you’re paying for.
