Meet borrowers while they’re actually shopping.
RatePerch borrowers submit the real mortgage quotes they’re holding — and can opt in to hearing better offers from licensed loan officers. No lead selling, no auctioned contact info: borrowers choose to be contacted, and they choose who to answer.
Verification is open now. The bidding marketplace itself launches after our mortgage-compliance (RESPA) review completes — we’d rather launch it right than launch it first. Loan officers verified before launch are first in line and lock the founding subscription price.
How it works
Apply with your NMLS ID and licensed states. A human reviews every application — borrowers only ever hear from verified, licensed loan officers.
Borrowers who checked "I'm open to competing offers" appear with their quoted terms — rate, points, closing costs. Never their name or contact info.
You bid your real terms. The borrower sees it in their dashboard and chooses whether to start a conversation. You only ever talk to people who picked you.
Why we built it this way
RatePerch’s promise to borrowers is that we never sell their data or take affiliate fees — it’s why they trust the site with real Loan Estimates. The marketplace keeps that promise: borrowers opt in per-offer, stay anonymous until they respond, and rankings are never paid.
That constraint is what makes the borrowers here worth your time. Someone who uploads a quote and asks for competing offers isn’t a purchased lead — they’re mid-decision, terms in hand, actively comparing.
Questions loan officers ask us
Why isn't bidding live yet?+
We're completing a mortgage-compliance (RESPA) legal review before launching the mechanics, so the marketplace you join is one you can use without regulatory worry. The application and verification pipeline is open now; bidding turns on once counsel signs off on the final disclosure and pricing structure.
What does it cost?+
Verification is free. Marketplace access will be a flat monthly subscription when bidding launches — never per-lead pricing, and placement is never sold. Loan officers verified before launch lock the founding price.
How is this different from buying leads?+
These aren't leads. Borrowers submitted a real quote they already hold and explicitly asked to see competing offers. You see their terms up front, so you only spend time where you can genuinely beat what they have — and they choose whether to respond.
What do borrowers see about me?+
Your verified name, NMLS ID, and the terms you offer. Verification exists so a borrower can trust that a competing offer comes from a real, licensed originator.
Verification is free, human-reviewed, and carries no obligation. When bidding launches, you’ll be notified first — at the founding price.
Apply for verification →