- 3940 N Ravenswood, Chicago, IL 60613
- (773) 328-6467
Guaranteed Rate is a solid lender to work with if you are looking to refinance. As long as you have a 620 credit score and a stable source of income (can come from disability, retirement, full time work), you can apply with them. They offer a variety of different loan products, including FHA, VA, and conventional, and have a stellar customer satisfaction rate of 95%.
The downside to Guaranteed Rate is that they do charge fees that other competitive lenders do not, such as an application fee. It’s easy to look beyond this because Guaranteed Rate goes above and beyond with helping each borrower, specifically in regards to explaining the pros and cons of different loans and loan terms.