Welcome to Mortgage Guide
Online Mortgage Article
. For a permanent link to this article, or to bookmark it for further reading, click here.
Where to Find a Mortgage Lender
from: Deb St. George - HomelessInKingCounty.comIf this is your first time buying a house, you probably are trying to figure out where to get a mortgage lender. Often, people don’t go looking for a mortgage lender until they’ve looked at some houses for sale. However, that may be a mistake in this economic climate. You may end up finding the perfect house and realizing only too late that you can’t find a mortgage lender to qualify you for a loan. So, start early to look for a mortgage lender and have all your documentation in order to make the purchase less stressful and more efficient over all.
Mortgage Brokers
You can start the process by either looking in the phone book for local mortgage brokers or contacting the local board of realtors to get a listing. Either way, you will find many different mortgage broker companies listed that can help you find a great mortgage professional. Another more reliable way is to get a reference for a mortgage lender from someone you know. Sit down with the mortgage lender early to find out how much house you qualify for or whether there are any issues that will keep you from getting a mortgage that need to be resolved.
Online Mortgage Lenders
There are broker listing agencies on the Internet, like lendingtree.com, that allow you to put in your information for people in the mortgage industry to bid competitively for your business. This can be a great way to get acquainted with whether you make an attractive client or whether you get few offers and poor terms. Then, you can start to address the issues and try again later, if it doesn’t work out. Getting a mortgage is a lengthy process and don’t be too upset if they ask you for paperwork that may seem redundant. It’s in their interest to verify your loan and ability to pay your projected mortgage and it can save you the problem of buying more than you can afford.
Realty Agents
If you are already in the process of home shopping, you can ask your real estate agent to hook you up with a mortgage broker. This isn’t the preferred method, as you have no idea what type of business relationship a real estate agent might have with a particular mortgage lender. The one they steer you to might not be the best lender, but rather one they are receiving some sort of payback from by steering business to them. Although this isn’t always the case, it’s something to be aware of when trying to find a reputable mortgage broker who can offer a competitive bid.
Online Mortgage News
June race at MIS named Quicken Loans 400
Quicken Loans, an online mortgage lender, also is the primary sponsor of Ryan Newman's No. 39 Chevrolet for nine Sprint Cup races and an associate sponsor for the remainder of the season.
Read more...Quicken Loans lends its name to NASCAR Sprint Cup race at Michigan International Speedway
Bill Shea - Add auto race sponsorship to the portfolio of Detroit online mortgage and real estate investor Dan Gilbert.
Read more...Quicken Loans and Michigan International Speedway Announce Partnership -- Spring NASCAR Sprint Cup Race to be Named ...
-Nation's largest online mortgage lender expands commitment to NASCAR community-Detroit, MI (PRWEB) May 09, 2012 Detroit-based Quicken Loans Inc. today announced it has teamed with Michigan International Speedway (MIS) in Brooklyn, Michigan, to sponsor the Quicken Loans 400 NASCAR Sprint Cup Series race at MIS on Sunday, June 17. ...
Read more...Mortgage lending falls to 12-month low in April
Mortgage lending fell to a 12-month low in April as the market suffered a hangover from the ending of a tax concession for first-time buyers.
Read more...Myers Internet Discontinues Websites: LeadPress Launches Myers Migration Program to Painlessly Move Myers Clients to a ...
LeadPress, the premier provider of mortgage lead generation websites in the United States, has announced a Myers Customer Migration Program to seamlessly move Myers clients to a new website as fast and painlessly as possible, while waiving all setup fees. Myers Internet recently announced that it was shutting off service to its clients as of September 1, 2012.San Diego, CA (PRWEB) May 21, 2012 ...
Read more...REPEAT-Mortgage Debt Hindering Retirement Planning: BMO Study
TORONTO, ONTARIO-- - BMO Financial Group released a study today indicating that many Canadian homeowners are feeling the pinch of balancing mortgage responsibilities with saving for retirement.The survey, ...
Read more...Quicken Loans to hire 100 more mortgage workers in Cleveland, bringing total to 400
Quicken Loans on Wednesday said it plans to hire 100 people for its Cleveland mortgage operations. Quicken Loans, the nation's largest online mortgage lender, said the new hires will bring the total working at the Cleveland Web Center to about 400 people. All of the new positions are in mortgage banking.
Read more...