# Refi.com Mortgage Refinance Review
Refi.com functions as a mortgage marketplace that connects borrowers with multiple lenders for refinancing options. The platform allows homeowners to compare rates and terms without applying directly to banks, potentially streamlining the refi process.
The service targets homeowners looking to lower their monthly payments, reduce interest rates, or tap home equity through cash-out refinances. Refi.com doesn't originate loans itself but instead matches borrowers with partner lenders based on credit profile and home details.
Here's what matters for your wallet. By submitting basic information once, you receive quotes from several lenders simultaneously rather than contacting each one individually. This saves time and reduces the number of hard credit inquiries hitting your report at once. Lenders on the platform typically include major banks, credit unions, and online mortgage companies.
The application process starts with entering your loan amount, home value, credit range, and zip code. Refi.com generates estimates within minutes, though actual rates depend on full underwriting. You'll need a recent appraisal, income verification, and tax returns to lock in rates.
One trade-off exists between convenience and control. Using an aggregator like Refi.com means you work with their curated lender network rather than shopping independently. Some lenders with competitive rates may not participate on the platform. You also surrender some privacy by sharing details with multiple companies at once.
Closing costs typically run 2 to 5 percent of your loan amount, regardless of platform. Refi.com doesn't charge origination fees itself, but partner lenders include their own costs in final quotes. Verify that advertised rates include all fees before committing.
The refinance math depends on your situation. Homeowners with strong credit (750 or higher) and significant equity access the best rates