HomeRate Mortgage

About HomeRate Mortgage

HomeRate Mortgage, with offices in Chattanooga, TN, is a mortgage lending company dedicated to helping clients save money on their home loans. Founded by Ben Phillips and Eric Bradshaw, the company emphasizes a customer-centric approach, aiming to build lasting relationships by providing excellent service. They specialize in helping clients find the best rates and offer programs like the EZ Home Refinance, which has helped clients save significantly on their monthly payments and over the lifetime of their mortgages. With over 20 years of local experience, HomeRate Mortgage prides itself on its expertise and commitment to client satisfaction, ensuring that individuals can trust them to secure the best possible home loan.

Why Choose HomeRate Mortgage?

HomeRate Mortgage stands out due to its strong commitment to client savings, with many clients reportedly saving up to $350 per month. They also prioritize fast closings, often completing the process within 30 days for most clients. Their team of mortgage experts possesses over 20 years of local experience and in-depth knowledge of the mortgage market, ensuring clients receive approved loans efficiently. The company operates with a philosophy that the best business practices are those that benefit the customer the most, fostering a sense of partnership and trust.

HomeRate Mortgage Offers

HomeRate Mortgage offers a comprehensive suite of mortgage services designed to meet diverse client needs. They provide services for home purchases, refinancing, reverse mortgages, and VA loans. Their offerings include conventional loans, FHA loans, jumbo loans, VA loans, and USDA loans for purchases. For refinances, they offer cash-out refinances, FHA refinances, streamline refinances, VA refinances, and jumbo refinances. The company also assists first-time homebuyers by helping them navigate and utilize various available programs to maximize savings. They provide quick mortgage quotes, typically within one business day, and guide clients through a streamlined, hassle-free process from application to closing.

Unique Advantages

HomeRate Mortgage distinguishes itself through its significant client savings, with many clients saving up to $350 monthly. They are known for their rapid closing times, often achieving closings within 30 days. With over two decades of local market experience, their team offers proven expertise in securing loan approvals. They also highlight their commitment to educating clients about their loan terms and conditions, ensuring transparency and peace of mind throughout the mortgage process.