FreeRateUpdate.com Reviews | Read Customer Reviews of freerateupdate.com

FreeRateUpdate.comReviews of freerateupdate.com

4.4756 reviews
Investments & Wealth
2 Ponds Edge Dr, Chadds Ford, Pennsylvania

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FreeRateUpdate.com

About FreeRateUpdate.com

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.

Website: freerateupdate.com
Category: Investments & Wealth
Location: Chadds Ford, Pennsylvania
Listed on Five Star Index: 2026

About these reviews

Replies: The company replied to 12% of reviews.
Latest: Most recent review: October 2026.
Edits: Reviews are shown as their authors wrote them. The company can reply, but cannot edit them.
Score: This company cannot pay to remove reviews or change its score.

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FreeRateUpdate.com reviews

Showing 71 reviews with 1 star · Clear filters

Lakshmi G.
Jan 26, 2017
Good
Freerateupdate is good company
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Linda
Oct 10, 2016
Bait-and-Switch ??
I am sure that I entered all of my info into a specific lender's website, but all of a sudden, up came the dozen or more lenders who were going to get my info and begin to call me. NOT NICE. NOT NICE AT ALL. The one lender I wanted wasn't even one of them, BTW.
Response from FreeRateUpdate.comOct 14, 2016
Hi Linda! Thank you for reviewing us! I am sorry if you were confused as to the website that you were on. The FreeRateUpdate.com Logo appears in a fairly large font on almost every page of our site. We also have a disclosure directly under where you entered your telephone number that you are giving your permission to be contacted by up to five lenders. If this is not what you wanted, we would have not only removed you from our call list, but also notified the lenders to do the same. Our apologies for any inconvenience.
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John O.
Oct 4, 2016
Disorganized
Contacted me promptly but provided lender with the wrong information (name, address, etc for someone else). I told the lender to call me back when they got the info squared away. I do not expect to receive a call.
Response from FreeRateUpdate.comOct 4, 2016
Hi John! Thanks for reviewing us at FreeRateUpdate.com! The lender we connected you with was brand new to our vast network of lenders and had a brief issue with receiving the information we were sending over to them. But thank you for alerting us...we'll make sure it's corrected going forward!
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Charles
Dec 8, 2015
not what I expected.
You click on just enpough info to become a "lead" and then they have someone contact you from one company contact you. It wasn't what the site hipes itself to be. A waste of time.
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David
Dec 8, 2015
couldn't find a rate anywhere and then got a bunch of unwanted phone calls
Entered more and more info just trying to find out what current rates were. Didn't ever see any rates, and then got a bunch of unwanted phone calls.
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Earl
Nov 5, 2015
Nothing like advertisement
Was advertised as a "mortgage calculator" to assist with estimating mortgage payments, instead it misleads you through the input of all of your contact info, then quickly forwards your info to lenders to call you and solicit their services. Highly cheesed off.
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WW
Nov 5, 2015
Beware using this site! Your contact information will be sent to many lenders.
The site says "free rate quote" but it is actually a solicitation site for lenders. Provide your information to this site and be prepared to be deluged with calls from mortgage brokers. Your email address and phone number will be distributed without your permission. If all those brokers run credit checks on you it may have a negative effect on your credit score.
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