The bottom line: The Money Store can find lower rates for you.

Here's what you need to know: The Money Store is easy to use, has a great guarantee and many helpful user tools BUT we have a helpful tip. KNOW YOUR CREDIT SCORE! After entering some basic information The Money Store will offer you up to 4 loan offers. In our experience, the loan offers had lower rates than competitors. However, users have to realize that when you enter your estimated credit score, the offers you get are based on that credit score and if your off, the offers you get after filling out a loan application can be different if you were off on your credit score.

Once you know your credit score, if you're interested in a new mortgage or refinancing an existing mortgage, then The Mortgage Store is worth a visit.

What is The Money Store?

The Money Store is an online financial service that offers some very helpful financial tools as well as a loan shopping service to get you the lowest interest rates possible.

They even offer a Lowest Cost Loan Guarantee promising to match any competitor's loan offer or else to pay cash to the loan applicant.

What can you shop for at The Money Store?

While there are no money trees for sale here, you can shop for new mortgage loan as well as refinancing for an existing loan.

Once you've done your shopping and if you've found an attractive offer then you fill out a loan application directly through The Money Store.

Financial Tools We Like at The Money Store:

- Mortgage affordability calculator

- Mortgage calculator

- Calculators to compare ARM vs. Fixed rates

- Calculators for comparing mortgages points

- Rent versus Buy calculators

Once you log in to The Money Store you find updated information on fixes rate mortgages for 30, 20 or 15 years. You can also view information on options like 1 year ARM and jumbo fixed rate mortgages.

Our favorite tools:

The Accelerated Mortgage Calculator lets you see the thousands of dollars you can save by paying off your mortgage early, by for example, making bi-monthly payments.

The Mortgage Affordability Calculator lets you put in a mortgage amount and monthly expenses and then it will tell you the income necessary for this mortgage option.

Checking Rates and Applying for Loans:

In order to get a rate quote you'll need to put in the following basic information:

- Your name

- Your address

- The property value

- The desired loan amount

- Your estimated credit score *** please remember our earlier advice

You may receive up to four loan offers to compare and at this point you should consider the rate AND the closing costs. If you want to see options with points you can click on points 1 through 5 at this time and The Money Store will recalculate your offers.

Our wish list:

We wished that we could see comparisons of offers side by side instead of one at a time but still the offers were worthy. Even a 1/8th of a point of an interest would offset additional closing costs fees.