Business Wire

Filo Mortgage Announces Low-Rate Guarantee

FORT WASHINGTON, Pa.–(BUSINESS WIRE)–National lender Filo Mortgage is now guaranteeing its low mortgage pricing by offering to beat competitors’ pricing by $1,000.

With a mission centered on getting consumers the lowest mortgage rate with no origination fees, the low rate guarantee further assures consumers that they are getting the best pricing with Filo Mortgage. The Filo Mortgage Low-Rate Guarantee will credit the customer $1,000 upon closing with Filo, if another lender is offering a more competitive price for the same product.

Filo Mortgage founder and co-CEO Jeffrey Frutkin said, “Consumers can be confident at the outset that Filo is hyper-focused on getting them a mortgage that saves them money – with a rate-and-fee combination that is the best they can find. However, if a borrower does find a mortgage with a lower total lender cost of rate, points and fees for the same mortgage program, Filo will match that pricing and credit the customer $1,000 when closing with Filo.” The guarantee applies to both purchase and refinance loans.

For more information on Filo’s Low Rate Guarantee, consumer’s can visit: https://www.filomortgage.com/lowrateguarantee

“Our rapid growth is a direct reflection of our extremely low rates on a broad portfolio of mortgage products, coupled with outstanding customer service. We are proud to offer the Low Rate Guarantee to our customers further emphasizing our commitment to be the lowest rate mortgage provider,” added co-CEO Van Richardson.

About Filo Mortgage

Filo Mortgage, L.L.C. is a fast-growing lender that provides super low rates, quick closings and a user-friendly digital experience to its borrowers. Founded in 2019 and licensed in 22 states, the company and its reputation have grown rapidly under the guidance of a management team with years of experience in the mortgage industry. Filo Mortgage is headquartered in Fort Washington, Pennsylvania and operates offices in Texas, Arizona and Missouri. Since its founding in 2019, Filo Mortgage has surpassed $2 billion in loans closed. Filo Mortgage focuses on making the borrowing experience fast and hassle free, and at the lowest possible cost for both home-purchase and refinance loans. Filo does not charge lender fees.

Contacts

Jeff Frutkin

312-890-5502

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