Local Rate 411

The majority of homeowners aren’t getting a good deal on their mortgage.

Most just don’t have the time to shop around. Instead they turn to their local bank or the recommendation of a friend for their mortgage.

This is why Local Rate 411 exists. Simply tell us what kind of loan you’re looking for and kick back while we do the footwork to find you the right lender, fast and free.

How do we offer this service for free, you ask? It’s simple!

Lenders want your business. True, they’re hoping you don’t shop around so they can keep their rates high and take a larger cut of profit. But at the end of the day, lenders will take your business any way they can get it and they’re willing to go the extra mile when they have to. Our services are covered entirely by these lenders who are so hungry for your business.

We find the best match based on your criteria, and lenders are more than happy to cover any expenses so there’s no need to charge you.

Unlike other sites that hassle you with multiple calls for mortgage offers or otherwise expect you to pick through pages and pages of rates, Local Rate 411 connects you with a single fully licensed lender who’s available to service all your financial needs as a customer. We never re-sell your information to other lenders or third-party advertisers.

We’re Mortgage Match-Making Experts!

There Are Over
0*
Mortgage Companies
Presiding Over
0*
Mortgage Branches
And
0*
Individual Originators

Local Rate 411 Does The Heavy Lifting So You Don’t Have To Sort Through Them Yourself!

* Numbers derived from the Nationwide Mortgage Licensing System Report, Q2, 2014

Loan Types And Programs

With all the loans types and programs available, understanding the differences between them can be confusing. LocalRate411 is happy to help you and provides descriptions of the most common options available to you.

Conforming Loans

Learn the basics about Conforming Loans

Read On

FHA & VA Loans

Learn the basics about FHA & VA Loans

Read On

About Jumbo Loans

Learn the basics about Jumbo Loans

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Fixed Rate Mortgage

Read up & learn about Fixed Rate Mortgages

Read On

Adjustable Loans

Read up & learn about Adjustable Rate Mortgages

Read On

HARP Mortgages

Read up & learn about HARP Refinance Loans

Read On

Mortgage Tools

Mortgage Calculator
Some or all may apply:

  • Photo ID (driver’s license or passport)
  • Most recent pay stub
  • W2s for the last 2 years
  • Federal tax returns (1040s) for the last two years, with all schedules
  • Last 2 months’ bank & brokerage account statements (all pages)
  • Most recent quarterly statements for retirement/IRA accounts (all pages)
  • List of names, addresses and phone numbers of each employer (last 2 years)
  • Purchase & Sale Agreement
  • Copy of earnest money (security) deposit checks
  • Copy of settlement statement (HUD-1), if you have sold your previous or existing home
Some or all may apply:

  • Photo ID (driver’s license or passport)
  • Most recent pay stub
  • W2s for the last 2 years
  • Federal tax returns (1040s) for the last two years, with all schedules
  • Last 2 months’ bank & brokerage account statements (all pages)
  • Most recent quarterly statements for retirement/IRA accounts (all pages)
  • List of names, addresses and phone numbers of each employer (last 2 years)
  • Contact information for your home insurance agent
  • Copy of your most recent mortgage statement for each property
  • Copy of 2nd mortgage note and statement (if applicable)
64% of The U.S. population owns a home
64%
70% of homeowners have a mortgage
70%
Yet only 20% of customers are actually happy with their bank
20%
The remaining 80% wish they had gotten help with choosing the right lender
80%

With Local Rate 411 you don’t have to be one of the 80%*

* Numbers derived from studies conducted by FIS Global