Zillow Mortgage Marketplace Giving Away Free Lowe’s Gift Cards

April 28, 2011 No Comments »

free

If you’re currently shopping for a mortgage, you may be interested in a week-long promotion taking place over at the Zillow Mortgage Marketplace.

From April 28th – May 4th, prospective borrowers who contact a mortgage lender on ZMM and obtain a mortgage rate quote, either by phone or e-mail, will receive a Lowe’s gift card if their loan eventually closes.

There are some rules of course.

First, the loan must close with a participating lender by July 5.

Additionally, the mortgage must be a “qualifying loan,” which is defined as follows:

• Single-family home
• Must be used as primary residence
• Loan amount between $250,000 and $417,000 (conforming loan limit)
• Must have FICO credit score of 720 or higher
• Maximum loan-to-value ratio no higher than 80%
Loan programs include 10, 15, 20, or 30-year fixed rate mortgage
• Eligible locations: CA, CT, FL, GA, ID, IL, NV, NJ, NC, MA, MN, OR, PA, SC, TN, TX, VA or WA

Assuming all these requirements are met, you could walk away with a Lowe’s gift card valued at as much as $1,000.

See the gift card amounts below:

gift card

Note: While this is a great promotion, it shouldn’t be your sole reason for going with a ZMM lender – it is advised that you shop around with mortgage brokers, mortgage bankers, and local banks as well to ensure you get the best mortgage rate.

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