01

Submit your loan profile

Tell us what you need: loan amount, property type, location, credit range, down payment. Five minutes total. We don't ask for your name, phone number, or email at this stage — your profile is anonymous to brokers until you accept a bid. A $49 fee starts your auction.

What we ask

  • Loan amount and property type (single family, condo, multi-unit)
  • Property location (state, county)
  • Credit score range — verified via soft pull, no impact to your credit
  • Down payment percentage and source of funds
02

Brokers see your profile and bid

Licensed mortgage brokers in your state see anonymized loan profiles that match their lending criteria. They submit blind bids — they can't see what other brokers are offering. They compete head-to-head on rate AND every fee in the loan: origination, processing, underwriting, application, the whole stack.

What brokers compete on

  • Interest rate (locked for your specific profile)
  • Origination fee
  • Processing and underwriting fees
  • Discount points (or credits)
  • Total cash to close
03

Compare bids side-by-side

Within 24-48 hours you see every broker's bid laid out clearly. Total monthly payment, total fees, total cost over the life of the loan. No more deciphering Loan Estimates from five different lenders. The platform does the math — you make the decision.

What you see

  • Side-by-side comparison of every bid
  • Total cost analysis (rate + all fees combined)
  • Monthly payment for each option
  • Broker reviews and licensing info
  • "Best Total Cost" highlighted
04

Accept a winner — or walk away

If one of the bids beats what you already have, accept it. Pay the $451 acceptance fee and we've earned it. The selected broker gets your contact info and runs a hard credit pull to finalize the rate lock. If none of the bids work for you, walk away. Full refund — both the $49 and $451. You decide what counts as a win.

If you accept

  • Selected broker contacts you to start the application
  • Standard underwriting and closing process
  • The rate and fees they bid are the rate and fees you get
  • Other brokers never see your information
The difference

Why this beats shopping yourself.

Shopping mortgages the old way

  • Call 5+ lenders, repeat your story 5+ times
  • Each pulls your credit — score drops
  • You get bombarded with calls and emails
  • Every Loan Estimate looks different — hard to compare
  • Lenders quote attractive rates, then load up on fees
  • You don't know what you don't know

Shopping with MortgageNegotiator.ai

  • One profile, multiple bids — no repeating yourself
  • One soft pull, no impact to credit until you accept
  • Zero calls or emails until you accept a broker
  • Bids displayed in identical format for easy comparison
  • Brokers compete on total cost — rate AND fees
  • You only pay if you actually save money
Ready when you are

Start your auction. Risk-free.

If brokers' bids don't beat what you have, walk away. Full refund. You decide.