Code of Conduct
Zillow® Mortgage Marketplace is a free and transparent marketplace for borrowers and lenders to connect and facilitate home loans. To keep Zillow Mortgage Marketplace useful for everyone, we ask both borrowers and lenders to follow these guiding principles:
- Be accurate
Ensure all data provided to the other party is accurate and current.
- Be transparent
Disclose all relevant information upfront.
- Be professional and law-abiding
Loans are business transactions that depend on a lot of personal information. All parties should maintain a high-level of professionalism and abide by applicable federal and state laws.
- Provide feedback and report questionable behavior
We rely on your experience and proactive feedback to strength the quality of Zillow Mortgage Marketplace.
Principles for Lenders
- Stand behind your quotes
Don't provide lowball loan quotes and teaser rates to intentionally draw in a borrower and then "readjust" your quote. We alert borrowers that the anonymous nature of Loan Quotes prevents an initial quote from being a binding Good Faith Estimate; however, we expect you to stand by your quote if the information provided by the borrower is accurate.
- Disclose all terms of the deal
Be upfront and transparent with various rates and fees so that borrowers will regard you as a trusted lender. Do not hide details of the loan in fine print; our loan quote form is designed to easily identify these costs. Be ready to answer questions and walk borrowers through each step of the process. Helpful lenders will get good ratings on Zillow, leading to more business down the road.
- Obey the law
Discrimination in mortgage lending is prohibited by the U.S. Department of Housing and Urban Development's (HUD) Fair Housing Act and the Office of Fair Housing and Equal Opportunity actively enforces those provisions of the law. The Fair Housing Act makes it unlawful to engage in the following practices based on race, color, national origin, religion, sex, familial status or handicap (disability):
- Refuse to make a mortgage loan
- Refuse to provide information regarding loans
- Impose different terms or conditions on a loan, such as different interest rates, points, or fees
- Discriminate in appraising property
- Refuse to purchase a loan or set different terms or conditions for purchasing a loan
- No spamming
If you have made contact with a borrower and things didn't work out, please be professional and end your contact with that person. Do not add their contact information to your promotional lists or provide their contact information to others unless you specifically ask for the borrower's permission first.
Principles for Borrowers
- Accuracy, accuracy, accuracy
Be accurate when filling out mortgage loan requests, particularly when you estimate your credit score. Lenders will prepare quotes based on the information you provide. If you submit information that is not accurate, you will get loan quotes based on inaccurate information and the quote will likely need to be readjusted.
- Rate/review mindfully
You may rate any lender you've contacted through Zillow Mortgage Marketplace. However, your rating for a lender with whom you've closed a loan carries more weight because you experienced the full extent of the lender's service. So, please rate thoughtfully so that others can benefit from your feedback.
- If you contacted a lender, but did not close -- Your rating should be based on how responsive a lender was in providing a quote and follow-through during the process; it should not be based on the quote received.
- If you contacted a lender and closed a loan with them - Your rating should be based on how responsive a lender was in providing a quote, finding the right loan for you, the rate and terms for the quote and follow-through during the closing process.
- Report questionable or unscrupulous behavior
While Lender Ratings is one of the most valuable tools you can use to rate the quality of a lender, we also want to know if you encounter any questionable practices by any lender. Contact Zillow Customer Support by e-mail at mortgagesupport AT zillow.com so that we can quickly respond if necessary. Also, if you feel you have been subject to discrimination, file a complaint with the U.S. Department of Housing and Urban Development (HUD).
- Be informed and responsible
There are scores of tools at your fingertips to help you evaluate the loan offers you receive from various lenders. We have assembled many of these in our Help Center. Take advantage of these and weigh your options and long-term implications before signing up for particular loan.
The Last Word
Most people who participate in Zillow Mortgage Marketplace play by the rules. And those who don't simply aren't welcome here. We reserve the right to restrict access and deactivate accounts for those who do not abide by the Code of Conduct. We also reserve the right to contact brokerage licensing and enforcement authorities if we suspect inappropriate or fraudulent and/or illegal activity.