Zillow.com's new way to research mortgage rates


Real estate super-site Zillow.com has a new tool for researching mortgage possibilities.

By filling out one form that takes literally 2 minutes if you have a good idea of your financial situation (I just tried it myself!), you'll receive email quotes from various mortgage lenders. You don't have to put in any identifying information and all the contacting goes through Zillow -- so you don't have to worry about salesmen hounding you.

By giving them an estimate of your FICO score, you eliminate the need for them to pull your report while you're doing research which can ding your credit score if you do it too frequently.

It's amazing that there aren't more sites like this, and Zillow could have a huge hit on its hands. This should become the default site for anyone looking to research getting a mortgage.

Originally published