Question 1

Will this affect my credit?

Accepted Answer

No. Answering these questions uses a soft credit inquiry at most, which never affects your credit score. A hard credit pull only happens later, and only if you choose to move forward with a full application.

Question 2

Will I get calls from a bunch of different lenders?

Accepted Answer

No. You'll hear from one licensed Wonder Rates loan officer, who compares programs from 50+ wholesale lenders on your behalf. We don't sell your information to other companies.

Question 3

What does this cost?

Accepted Answer

Nothing to answer these questions or talk with a loan officer. There is no cost or obligation until you choose to move forward with an application.

Question 4

Do I need to already be pre-approved, or have a home picked out?

Accepted Answer

No — this works whether you're just starting to look, already touring homes, or ready to refinance today. Your loan officer meets you wherever you are in the process.

Question 5

Which states is Wonder Rates licensed in?

Accepted Answer

Wonder Rates (NMLS #1518655) is licensed in 17 states: Alabama, Arizona, California, Colorado, Florida, Georgia, Louisiana, Michigan, North Carolina, Ohio, Oklahoma, Oregon, Pennsylvania, South Carolina, Texas, Virginia, and Washington. You can verify our licensing through NMLS Consumer Access.