Frequently Asked Questions

Who is behind Low Home Mortgage Rates?
SDG Inc. created Low Home Mortgage Rates because we felt there wasn't an easy-to-use informative mortgage loan site out there. The majority of the sites on the market push plans that generate more money that aren't the best choice for most people. We at SDG realize that not every person is in the same financial situation. This is why we try our best to inform you about the mortgage market before you decide to apply. Then when you do apply one of our affiliate brokers will help you figure out which mortgage package is the best for you.

How long does the whole mortgage process take?
Once you apply for a mortgage an affiliate broker will contact you anywhere from five minutes to two days. After you decide which mortgage plan you would like to get, your affiliate broker will then mail you a standard mortgage application. Once your affiliate broker receives your application back he or she can lock in your interest rates. From that point to closing can be anywhere from ten to thirty days. This depends mostly on your credit and if it's a purchase or a refinance mortgage loan.

Is my application and personal information secure?
Low Home Mortgage Rates completely respects our customer's privacy needs in managing their personal finances. Our site uses a variety of security measures to maintain the safety of your personal information. All sensitive information transmitted between your browser and our web site uses 128 bit Secure Socket Layer (SSL) encryption technology.

Once I complete the online application am I obligated into accepting your loan?
We realize that shopping around for lower rates is a natural part of the mortgage process. This is why our online application has no obligation and no application fees. If you do find better rates or terms that we can't either meet or beat then you are in no way obligated into accepting one of our loans.

Why do some online mortgage applications ask for my social security number and yours doesn't?
Many people are very unsure about internet security. Although we have taken various steps to prevent any of your personal information from leaking out, we feel that it is not necessary information at this point in time. The information you provide for our online application is basic contact information for your affiliate broker. Your affiliate broker will need your social security to pull your credit so he or she can quote you a rate, and can get this from you over the phone.

Will my credit score go down every time my credit is pulled?
You have a thirty day period in which your are expected to have your credit pulled by different lenders. If you have your credit pulled for different things your score will definitely go down. For example if you're applying for credit card, car, and a mortgage all in the same month lenders will start to get worried. Also if you have your credit pulled within this thirty day period and you don't get a mortgage, and then you apply again 60 days later lenders are going to want to know why you didn't get it before.