ERATE is BBBOnLine Certified and meets all BBBOnLine Reliability participation and Better Business Bureau membership standards and is authorized to display the BBBOnLine Reliability seal.
Founders have over 30 years of mortgage lending experience.
ERATE has been authorized by both, Fannie Mae and Freddie Mac, to use their online underwriting systems. These proprietary automated underwriting programs aid lenders in getting their loans approved faster.
Founding companies in business over seven years. Progressive Capital and LoanWorld.com were in business for seven and ten years respectively. They merged to form ERATE in May of 2000.