How Can We Charge Less and Still Be Better?

The Honest Answer

Every mortgage broker has access to the same wholesale lenders. The rates we see from UWM, Pennymac, or Rocket Pro are the same rates any licensed broker can pull up.

So how are our rates lower?

It's not the rates we have access to. It's what we charge on top of them.

Where Most of Your Rate Goes

When you get a mortgage from a bank or a big online lender, your rate includes more than just the cost of the money. It includes:

• Their TV commercials and Super Bowl ads
• Their branch offices and retail staff
• Their lead generation — buying your data from Zillow, LendingTree, and credit bureaus
• Their sales floor — loan officers calling you back five times, “checking in,” following up
• Their margin — the spread between what the loan actually costs and what they charge you

All of that gets baked into your rate. You're not just paying for a mortgage — you're paying for the machine that sold it to you.

The NetRate Model: Direct

We don't do any of that.

No television ads. No billboards. No cold calls. No buying leads. No salespeople hounding you with follow-up calls you didn't ask for.

We built a website that shows you the rates — live, updated daily, with the full math behind every option. Rate, APR, points, lender credits, monthly payment. All of it, upfront, before you fill out a single form.

Our approach is simple: educate, show the numbers, and let you decide.

We don't negotiate back and forth. We don't play the “let me see what I can do” game. The rates on the site are the rates. Take them or leave them.

Because of this direct approach, our overhead is a fraction of what traditional lenders spend. And that difference doesn't go into our pocket — it goes into your rate.

Why We Show Our Rates Publicly

Most lenders won't show you a rate until you've given them your name, phone number, and social security number. There's a reason for that — they don't want you to comparison shop.

We publish ours because we're confident in where we stand.

We know the market. We track it daily. And we know that when a borrower compares our numbers to what they've been quoted elsewhere, the math speaks for itself.

That's not a sales pitch. It's just what happens when you remove the markup.

We Don't Lend Our Own Money (That's the Point)

A bank gives you their rate because it's the only rate they have. They are the lender. If their pricing isn't competitive that day, too bad.

We work differently. As a mortgage broker, we connect you to wholesale lenders — and we work with more than one. That means we can shop your loan across multiple lenders and place it where the pricing is best for your situation.

It also means we're watching the market for you. If rates improve while your loan is in process, we have options. A bank doesn't — they're locked into their own product. We're not locked into anyone.

Same Loan, Lower Cost

A mortgage through NetRate is not a different product. It's the same loan you'd get at a bank — same underwriting, same closing process. Your loan gets sold to Fannie Mae, Freddie Mac, or Ginnie Mae like any other conforming loan.

The only difference is what you paid to get it.

If you want to understand the details — how rates are built, what points and credits mean, and how to tell if you're actually getting a good deal — we wrote a full breakdown: How Mortgage Pricing Works →

Don't Take Our Word for It

We're rated 4.9 out of 5 on Google — from real borrowers who closed real loans.

Our wholesale lending partners include some of the largest lenders in the country. We've been approved, vetted, and audited by each one of them. That doesn't happen without a track record.

Read Our Reviews on Google →

How It Works

1. See the rates — Check today's rates on our site. No application, no credit pull, no login required.
2. Compare your options — Our rate tool shows every combination side by side. You choose what fits your situation.
3. Apply when you're ready — We handle the process from application to closing. One credit pull, one point of contact.

No pressure. No follow-up calls you didn't ask for.

Who Is NetRate Mortgage?

David Burson — a licensed mortgage broker in California, Colorado, Oregon, and Texas. NMLS #641790. One person, not a call center. A broker who believes you should see the real numbers before you commit to anything.