NLIC.org

Herman Said:

How can online mortgage lenders come up with your rate if they don't ask for your credit score?

We Answered:

They really can't with any accuracy, so they will quote you a rate based on the best possible scenario. In a lot of cases they will even low ball the rate because they know you are "shopping" for the best rate.
The low ball is really easy to cover since the lender can always come back and say well your credit is lower so the rate will be higher.