FreeRateUpdate.com makes it fast and easy for consumers to compare mortgage and home equity options and get the best offers for their unique situation, without the hassle of shopping at multiple places one by one.Since 2008, FreeRateUpdate has made shopping for home purchase mortgages, refinances, and home equity fast and fully online. Licensed as a mortgage broker in most states NMLS #1154338. FRU has grown its network to over 700 local and nationwide lenders and brokers, big and small, covering almost any consumer's mortgage wants and needs.By connecting consumers and lenders directly, FreeRateUpdate helps more people get competitive offers, while the slow, traditional way of shopping for a mortgage becomes a thing of the past. Most recently, FreeRateUpdate has brought AI into its process, staying on the cutting edge of modernizing the mortgage shopping experience, including 100% digital options with network participants integrated from start to finish.Every lender and broker in our network is properly licensed, so you can shop with confidence. Whether you are buying, refinancing, or looking to get home equity, FreeRateUpdate.com makes it fast and free. Recognized by Inc. Magazine as one of America's fastest-growing co
FreeRateUpdate.com (freerateupdate.com) has 756 customer reviews on Five Star Index, with an average rating of 4.4 out of 5.
Is this your business?
Correct your details and reply to customers in public. Both are free.
Claim this listing
Investments & Wealth · Newtown, Pennsylvania
Excellent
Investments & Wealth · Yardley, Pennsylvania
Excellent
Investments & Wealth · Newtown, Pennsylvania
Excellent
Investments & Wealth · King of Prussia, Pennsylvania
Excellent
Showing 71 reviews with 1 star · Clear filters
Laura
I was looking for a rate and they contacted me, the lender they sent me too, I guess figured I was too informed on my financial status and hung up on me.
Response from FreeRateUpdate.comJul 31, 2026
FreeRateUpdate made the connection; the lender handled that call and its product discussion. We cannot determine from the review why the call ended.
Todd V.
This is a scam. It presents itself like you are going to get a bunch of rates after you fill out their form. I went through their prompts and gave over all my information, only to have them lead me to a screen listing various lenders and links to those lenders where I could give them all my information again to get a rate. They DID NOT GIVE ME ANY RATES. I could have found all these lenders without sacrificing my information for free. Can't wait to get all the spam when they sell my info after giving me nothing of value.
Response from FreeRateUpdate.comJul 31, 2026
FreeRateUpdate connects consumers with participating lenders and brokers. Those companies, not FreeRateUpdate, provide personalized rates and options.
Shelley H.
I wasn't even done typing my info in the web site for my free rate update when I got a call from the company (they let you pick email or text, forget that option. I chose email) While I'm talking to the first financer who called me, my phone started blasting by other companies calling and texting from all over the country. Non stop at the same time!!! I felt like a piece of meat thrown in a school of piranha. The sad thing is, there is no way to warn others. I only came on Trust Pilot after the damage was already done. I'm blocking a ton of calls now. BEWARE....They do sell your number.
Response from FreeRateUpdate.comJul 31, 2026
FreeRateUpdate connects consumers with participating lenders. Calls and texts after a match come from those companies, and each can place you on its do-not-call list.
Yvonne D.
Scam company that sells your phone number and email. If you love being harassed at all hours of the day and night, then go right ahead and give them your information. Now 3 years after this initial review, they are harassing and spamming my email for "clarification". How about the 5+ spam calls daily and hundreds of daily emails from scam lenders that these @$$ holes sold my information to for "clarification". May all workers at this company have the day they deserve.
Response from FreeRateUpdate.comJul 31, 2026
FreeRateUpdate connects consumers with participating lenders. Calls and emails after a match come from those companies, and each can place you on its do-not-call list.
Jeremy K.
Too many surprises after the fact.
Response from FreeRateUpdate.comJul 31, 2026
FreeRateUpdate is a matching service, so loan terms and closing details come from the participating lender handling the loan. The lender can address specific questions about its disclosures or process.
Gerald
You need a new appraisal company. This is the 2nd time I have gotten a low appraisal. When I challenged it, their review shows that I was correct but they refused to make corrections.
Response from FreeRateUpdate.comJul 31, 2026
Appraisals and reconsideration requests are handled by the lender and its appraisal process, not by FreeRateUpdate. The lender can explain the review decision and any options available.
Brad
Multiple requests for more docs, requirements changed, didnt seem to care about the customer experience. Worst home financing I ever had!
Paul
This company is terrible the loan officer lied to us through the entire experience, He did not communicate with us and would not return are calls.