HOW LOANRATEUPDATE WORKS
READ OUR DISCLOSURE
FILL OUT THE FORM
It all starts here. Select the loan product you want to apply for and complete the subsequent questionnaire.
WE VERIFY & TRANSMIT TO LENDERS
Once we receive your completed questionnaire we verify a couple vital pieces of information and direct your information to our network of lenders, all within minutes.
REVIEW YOUR OFFERS
With offers in hand you can now compare rates and costs and get the best possible deal. Comparison shopping made easy. You fill out one form and lenders compete for your business.
CHOOSE YOUR LENDER
Congratulations! With the great learning tools we provide for you at LoanRateUpdate and the offers you have received, you've found the right product and the best rate.
READY TO SPEAK TO A PROFESSIONAL?
LOANRATEUPDATE IS NOT A LENDER OR A BROKER BUT WE HAVE LOTS OF FRIENDS WHO ARE
Pick the service you desire below
banks
HOW LOANRATEUPDATE WORKS
READ OUR DISCLOSURE
FILL OUT THE FORM
It all starts here. Select the loan product you want to apply for and complete the subsequent questionnaire.
WE VERIFY & TRANSMIT TO LENDERS
Once we receive your completed questionnaire we verify a couple vital pieces of information and direct your information to our network of lenders, all within minutes.
REVIEW YOUR OFFERS
With offers in hand you can now compare rates and costs and get the best possible deal. Comparison shopping made easy. You fill out one form and lenders compete for your business.
CHOOSE YOUR LENDER
Congratulations! With the great learning tools we provide for you at LoanRateUpdate and the offers you have received, you've found the right product and the best rate.
READY TO SPEAK TO A PROFESSIONAL?
LOANRATEUPDATE IS NOT A LENDER OR A BROKER BUT WE HAVE LOTS OF FRIENDS WHO ARE
Pick the service you desire below
banks
HOW LOANRATEUPDATE WORKS
READ OUR DISCLOSURE
FILL OUT THE FORM
It all starts here. Select the loan product you want to apply for and complete the subsequent questionnaire.
WE VERIFY & TRANSMIT TO LENDERS
Once we receive your completed questionnaire we verify a couple vital pieces of information and direct your information to our network of lenders, all within minutes.
REVIEW YOUR OFFERS
With offers in hand you can now compare rates and costs and get the best possible deal. Comparison shopping made easy. You fill out one form and lenders compete for your business.
CHOOSE YOUR LENDER
Congratulations! With the great learning tools we provide for you at LoanRateUpdate and the offers you have received, you've found the right product and the best rate.
LOANRATEUPDATE IS NOT A LENDER OR A BROKER BUT WE HAVE LOTS OF FRIENDS WHO ARE
Pick the service you desire below
banks

Consumer Debt Ratios Improving

2010-11-12T23:02:48-07:00

November 13 2010 (Jeff Alan) As one might expect in an economy like this, the credit bureau Experian is reporting that consumers are spending less on monthly obligations than they were three years ago. The company said that average monthly payments made by consumers in 25 metropolitan areas has decreased by two percent in the [...]

Consumer Debt Ratios Improving2010-11-12T23:02:48-07:00

Smaller Banks Tighten Underwriting Standards on Loans

2010-11-09T17:31:48-07:00

November 9 2010 (Shirley Allen) According to the October 2010 Senior Loan Officer Opinion Survey on Bank Lending Practices from the Federal Reserve, smaller banks and mortgage lenders reported tighter lending standards on mortgage loans over the previous three months which marks a reversal from a slight easing that had been reported in the previous [...]

Smaller Banks Tighten Underwriting Standards on Loans2010-11-09T17:31:48-07:00

HUD: Banks Will Be Held Responsible

2010-10-23T23:57:03-07:00

October 22 2010 (Jeff Alan) Just as Bank of America and GMAC Mortgage were ending their foreclosure freezes, U. S. Secretary of Housing and Urban Development (HUD) Shaun Donovan said Wednesday that the onus is on banks to fix whatever foreclosure related problems are found. Read more...

HUD: Banks Will Be Held Responsible2010-10-23T23:57:03-07:00

Mortgage Brokers vs. Banks

2010-10-11T22:17:49-07:00

October 11 2010 (Jeff Alan) Since very few people pay cash for a home, one of the most important steps in your purchase is finding a lender for your mortgage loan. The question is, should you deal directly with a lender or should you use a mortgage broker? There’s actually a big difference between the [...]

Mortgage Brokers vs. Banks2010-10-11T22:17:49-07:00

New Bank Fees: How to Fight Back

2010-09-26T23:50:32-07:00

September 17 2010 (Jeff Alan) With the passing of the Finance Reform Bill and the banning of a variety of fees – including certain overdraft and excessive late charges, banks and credit card companies are increasing existing fees and creatively finding ways to charge existing customers more for their services. Read more...

New Bank Fees: How to Fight Back2010-09-26T23:50:32-07:00