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LowerMyBills.com Reviews

4,946,968reviews on ConsumerAffairs are verified
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Edited by: Moriah Chace

About LowerMyBills.com

LowerMyBills.com (NMLS: #167283) is a mortgage comparison site that connects individuals to possible mortgage lender matches. LowerMyBills.com is not a mortgage lender and will not directly provide a loan for your new home purchase or refinance. Along with lender comparisons, LowerMyBills.com also offers homebuying resources and tools, such as a mortgage calculator.

Visit www.lowermybills.com
Pros
  • Free to use
  • Helpful mortgage calculator and tools
  • In-depth editorial guides
Cons
  • Not a direct lender
  • Limited lender matches

LowerMyBills.com Reviews

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  • (69)
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    How do I know I can trust these reviews about LowerMyBills.com?
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    Page 2 Reviews 40 - 80
    Verified purchase
    Punctuality & Speed

    Reviewed Oct. 3, 2021

    The process with LowerMyBills was good. It's fast, easy and straightforward. I'm very satisfied with the lender they matched me with.

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    Verified purchase
    Punctuality & SpeedStaffEase of Use

    Reviewed Sept. 29, 2021

    The LowerMyBills website was fairly easy to navigate. The knowledge of the reps was good, too. It just happened to be a little too late. I already found a lender before they contacted me.

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    Verified purchase
    Punctuality & SpeedStaffLoan ProcessRatesTransparency

    Reviewed Sept. 28, 2021

    I went with Rocket Mortgage and the process was fast. My loan officer did a great job, and we got going. Everything is automated the way that they go about doing it. They kept me up to date with all the documents we had to do. I've done a number of purchases and refinances previously, and this was the fastest. In almost a two-week period, I completed a refinance. We just closed yesterday. I was looking to get a lower interest rate with the refinance and not really looking to saving any money in terms of monthly premium, but overall, on the term of the loan, I am saving in interest savings. LowerMyBills did a great job.

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    Verified purchase

    Reviewed Sept. 27, 2021

    Navigating the LowerMyBills.com website was very easy. Also, I worked with Rocket Mortgage directly, and I felt good about it.

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    Verified purchase

    Reviewed Sept. 26, 2021

    I did the process online and it was pretty easy. I’m satisfied.

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    Verified purchase
    Punctuality & Speed

    Reviewed Sept. 18, 2021

    They were able to find me a lender. It was done in a week. It was super fast and easy.

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    Verified purchase
    Customer ServicePunctuality & SpeedStaffLoan Process

    Reviewed Sept. 14, 2021

    I borrowed money against my house, and everything went smooth on it. I used the same lender I’ve been using, and they were so fast when I started. I was curious and looked on the internet, and before I could get off the internet, they were already calling me on the phone and wanted to help me. A few minutes later, I had somebody from the same company I was already with telling me they had to redo my loan then it was done.

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    Verified purchase
    Staff

    Reviewed Sept. 12, 2021

    The website flowed really well. I was contacted within 24 hours and they were very professional. I explained to the gentleman that I had just refinanced through Rocket Mortgage and did not need to refinance again.

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    Verified purchase
    Customer ServiceTechSales & Marketing

    Reviewed Sept. 11, 2021

    It wasn't that great with LowerMyBills. It’s almost bait and switch, so I won't use it ever again or recommend it. You're looking for directives, and it just gives you a list of vendors. I was barraged with phone calls where I had to block 90% of them.

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    Verified purchase
    Customer Service

    Reviewed Sept. 2, 2021

    LowerMyBills was one of those things that came up from one of my social media and I clicked on it. They called me and the next thing I knew, I refinanced. It was very easy navigating their site.

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    Verified purchase

    Reviewed Aug. 31, 2021

    I just finished refinancing my house with Rocket Mortgage through LowerMyBills, and I'm satisfied.

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    Verified purchase
    StaffRates

    Reviewed Aug. 30, 2021

    I used the LowerMyBills website and talked to somebody through Rocket Mortgage. I already had a good rate, but they got even lower and that was great. Overall, it was a good experience. Everything was done in a timely manner. Professional.

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    Verified purchase
    Customer ServicePunctuality & Speed

    Reviewed Aug. 27, 2021

    In your qualifications I answered yes, they call and pull my credit report and say I need to wait another year, if you already knew, why pull my report first?... Is anybody reading those answers? I think not.

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    Verified purchase

    Reviewed Aug. 5, 2021

    Navigating the form was good and it was very efficient. I was very pleased with the whole process with LowerMyBills. Everybody was solid and had a part. It worked out quite well.

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    Verified purchase
    StaffBilling

    Reviewed July 28, 2021

    It just keeps opening page after page. I had no help. I'm in desperate need of help. My husband passed a year ago. I have taxes due plus I need tires and inspected and my light bill is 749.00 and my fire and ambulance fee is due. I just wanna go to sleep and never wake up.

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    Verified purchase
    Online & AppStaff

    Reviewed July 23, 2021

    LowerMyBills seemed like they were willing to help and their website was pretty easy. But I never really used them. Things started happening in my favor financially. Nonetheless, it's a better company than most. If I was really strapped, I would definitely be back there.

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    Verified purchase
    Staff

    Reviewed July 22, 2021

    Dealing with the rep at LowerMyBills was excellent. The experience was great and it worked for me.

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    Verified purchase
    Staff

    Reviewed July 21, 2021

    Refinancing with LowerMyBills was easy. The process was pretty streamlined. Everything was automated. The representatives are all professional. The only thing is how they come to the value of your property. It would be good if they could show you how they come to certain numbers. Other than that, they communicated well, they weren't real pushy, but they did hold me accountable to getting documents in and making sure I get all the necessary things in order.

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    Verified purchase
    Customer ServiceTechPunctuality & Speed

    Reviewed July 15, 2021

    I immediately got a phone call from LowerMyBills even before I got off the website. I was inquiring bout a home refi and it was so fast that it was even funny. Dealing with them was like getting shoved down my throat and the immediate phone call turned me off right away. It was like they were monitoring my response online. I walked away and went back to my mortgage provider and went for a refinance through them.

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    Verified purchase
    Customer ServiceSales & MarketingLoan ProcessHonesty & Transparency

    Reviewed July 8, 2021

    I responded to an ad for the homeowners government stimulus. The ad said nothing about "refinance", but that's what it turned out to be. The information I provided was used by many loan companies to harass me about refinancing. The ad was misleading, if not fraudulent. LowerMyBills ads are absolutely obnoxious, with characters dancing, multicolored articles quivering, etc. I minimize my screen every time to avoid them.

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    Verified purchase
    Punctuality & Speed

    Reviewed July 1, 2021

    My wife sent me one link a couple of weeks ago that said LowerMyBills because it had to do with senior citizens. I will be 65 and it was on how to deal with a bunch of ways people can save, and LowerMyBills was one of the things in there. I ended up clicking on it and very quickly ended up on Rocket Mortgage where I remember getting it. LowerMyBills works for me. We're not completely finished yet but it's been okay so far.

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    Verified purchase
    Customer ServiceStaffBilling

    Reviewed June 30, 2021

    Y’all called me. Said that the government was going to help with my electric bill that they were going to pay 40% of my bill. To me it sounded good since my wife is disabled and I’m the only one working but the person seen my work truck and seen that I was in the air conditioning field. Pretty much asked me if that was my truck. I told him yes. Ask me about my insulation in my attic. I told him I blew in a bunch. It was was deep. Then he said he had nothing for me so how does that mean that the government was going to help me with my bills.

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    Verified purchase

    Reviewed June 30, 2021

    LowerMyBills should have more disclosure on the after-fees. When you're refinancing, they don't tell you that they're going to tack on another 7,000 towards the end because of the title search and all those other little fees. That needs to be brought to people from the beginning, not when you've already made a decision and has gone through the process, and then you find out at the end when you get your disclosure sheet. But the experience was very easy and they made it comfortable for me.

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    Verified purchase
    Rates

    Reviewed June 23, 2021

    LowerMyBills did really well. I got to lock down a 2.25% rate, so that's hard to beat. I was able to drop my percentage point by another whole percentage point.

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    Verified purchase

    Reviewed June 22, 2021

    This offers no difference than choosing a company to do your refinance. That is, I found the experience less than what I expected based on what the offer stated. Because I'm doing a renovation in the attached apartment of my duplex, I would have to go through the same process as if I chose my own mortgage company. In fact, the company/person I was (am still) going with, told me upfront that I'd have to finish the renovation before I could refinance.

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    Verified purchase

    Reviewed June 20, 2021

    The whole process took about two and a half weeks and I was done. It was very simple. Everything was fine.

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    Verified purchase

    Reviewed June 19, 2021

    It was a smooth process and they were very easy to work with. They did some online questions. They sent the information to some of the lenders and matched me to one that way.

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    Verified purchase
    Customer ServiceStaffBilling

    Reviewed June 18, 2021

    I just got a rough estimate on refinancing my house from LowerMyBills. They sent me information over my phone and I contacted them back to see if I can save money off of my mortgage payment. The estimate was comparable to a couple of other ones. I spoke to an agent briefly and for the most part, he was knowledgeable.

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    Verified purchase
    Staff

    Reviewed June 17, 2021

    The site was very user-friendly.

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    Verified purchase
    Customer ServiceLoan ProcessRates

    Reviewed June 14, 2021

    Stop trying to trick people into doing a refinance. The only way to lower an interest rate or take cash out of your loan is simply doing a refinance. Remove my number from the call list immediately. Thanks.

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    Verified purchase
    PriceStaff

    Reviewed June 5, 2021

    My experience with LowerMyBills was helpful. I learned a little. They gave me a lower quote and I recommend others look into them.

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    Verified purchase
    Punctuality & SpeedRates

    Reviewed June 4, 2021

    We wanted a better rate and we were able to get refied quickly and easily.

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    Verified purchase
    Loan Process

    Reviewed June 3, 2021

    I had a good experience with LowerMyBills. I went through Quicken Loans and refinanced my mortgage, and they got me down a whole point. Everything's great.

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    Verified purchase
    Customer ServiceStaffBillingRates

    Reviewed May 27, 2021

    I was looking at changing my mortgage from an FHA to a conventional. I was more interested in shortening the terms a little bit, and the girl I spoke to was a big help. Everybody else had to deal with package mortgages. Apparently, she was an underwriter and she could set the terms of the mortgage. She called me in every step of the way and it went straight through. She got me into 20 months, dropping down from 4.5 to 3.5. The person showed up at the house. Read through the papers. We signed them. My payment went down too. It worked out for the best for me.

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    Verified purchase
    Loan Process

    Reviewed May 21, 2021

    Navigating the website was easy. Working with LowerMyBills took me to Quicken Loans and I've already had loans with them. That's who I went through this time as well and it worked fine.

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    Verified purchase
    Sales & MarketingPunctuality & SpeedStaffHonesty & Transparency

    Reviewed May 20, 2021

    I wasn't looking for a lender, but the ad from LowerMyBills sent me back around to Quicken who I was already refinanced with. The ad was misleading because it said Biden was on a roll and I wanted to see what kind of crap that was all about. Apart from that, the guys from Quicken were great. They've been great the last two times I've refinanced with them as well. They've been very helpful and very fast about everything.

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    Verified purchase
    Staff

    Reviewed April 30, 2021

    The reps were nice, helpful and precise in what they need you to get. They were easy to work with. I'm totally satisfied with the service an d people should use LowerMyBills. It works well.

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    Verified purchase
    TechSales & MarketingLoan ProcessRates

    Reviewed April 27, 2021

    LowerMyBills got me connected with Quicken Loans and I ended up refinancing my home through there. It was seamless. However, I didn't know what the services were. After going through it, it seemed to me that their service is to connect me right to another provider. When I clicked on it, I wasn't sure what I was getting into. That part could have been a bit more clear. But the ad was interesting enough to get me to click on it.

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    Verified purchase
    Price

    Reviewed April 23, 2021

    The online process at LowerMyBills went great. The only issue I had was that the closing costs were higher than what they quoted me.

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    Verified purchase

    Reviewed April 18, 2021

    LowerMyBills was great. I just punched a couple of buttons and that was it. Navigating was easy.

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    LowerMyBills.com Company Information

    Company Name:
    LowerMyBills.com
    Website:
    www.lowermybills.com