Lower
Lower is a mortgage company offering home purchase, refinancing, and HELOC services with an online application process and a 'Free Refi for Life' program. It operates in 46 states and the District of Columbia, providing various mortgage products and educational resources.
Mortgage Services
Lower offers a comprehensive range of mortgage services. These include home purchase mortgages, refinancing options, and Home Equity Line of Credit (HELOC). They provide an online application process for customers, making it easier to apply for various mortgage products from anywhere. Their offerings cater to different borrower needs, ensuring a broad customer base.
Free Refi for Life Program
Lower features a 'Free Refi for Life' program designed to benefit long-term customers. This unique program waives lending fees on future refinances for customers who have previously refinanced with the company. It aims to provide cost savings and promote customer loyalty by reducing the financial burden of refinancing multiple times.
Licensed Operations
Lower is licensed to operate in 46 states, including the District of Columbia. This extensive licensing enables them to offer their mortgage services to a wide array of customers across the country. Their broad operational scope ensures that they can cater to a diverse range of housing markets and borrower preferences.
Mortgage Products
Lower provides a variety of mortgage products to suit different borrower needs. These include fixed-rate mortgages, adjustable-rate mortgages, FHA loans, VA loans, and USDA loans. This diverse selection ensures that customers can find a mortgage product that fits their financial situation and homeownership goals.
Educational Resources
Lower offers educational resources through its blog and learning center, targeting first-time homebuyers and others interested in mortgage-related topics. These resources are aimed at providing valuable information and guidance, helping customers make informed decisions about their mortgage options and home-buying process.