Is Ralo legit?

Ralo is a mortgage broker, not a lender. It compares loan options across multiple lenders on your behalf and helps you choose, rather than funding the loan itself.

Ralo earns a thin commission on the loans it brokers. Because the process is automated, that commission is smaller than the industry standard, and the savings are passed through to borrowers in the form of more competitive pricing.

Ralo operates only where it is properly licensed — currently California, Colorado, and Texas. See the licensing page for state-specific details, and verify current licensing on NMLS Consumer Access.