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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.
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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.
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LOANRATEUPDATE IS NOT A LENDER OR A BROKER BUT WE HAVE LOTS OF FRIENDS WHO ARE
Pick the service you desire below
credit scores
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
credit scores
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
credit scores

Will You Walk Away from Your Mortgage?

2011-10-13T00:46:03-07:00

October 13, 2011 (Chris Moore) An estimated 35 percent of all mortgage defaults are strategic whereby borrowers who are financially capable of making their mortgage payment choose to default. Strategic defaults account for more than $20 billion of all defaults annually and are expected to persist for the foreseeable future. […]

Will You Walk Away from Your Mortgage?2011-10-13T00:46:03-07:00

Freddie Mac/Fannie Mae Report Losses; Seek More Aid

2011-02-25T04:50:42-07:00

February 25, 2011 (Shirley Allen) Freddie Mac and Fannie Mae both released their financial results for the 4th quarter of 2010 with Freddie Mac reporting a loss of $113 million for the quarter and Fannie Mae reporting a loss of $2.1 billion. Freddie Mac reports that they would have actually earned $1.2 billion had it [...]

Freddie Mac/Fannie Mae Report Losses; Seek More Aid2011-02-25T04:50:42-07:00

Fannie Mae Increasing Mortgage Fees

2011-01-18T05:15:29-07:00

January 18, 2011 (Jeff Alan) If you’re considering purchasing a home or refinancing a home in 2011, be prepared to pay higher mortgage fees, even if you have an excellent credit score and a large down payment. Things will be even worse for borrowers with lower credit scores and small down payments. Read more...

Fannie Mae Increasing Mortgage Fees2011-01-18T05:15:29-07:00

Federal Reserve Publication Helps Consumers Understand Credit

2011-01-13T05:30:34-07:00

January 13, 2011 (Jeff Alan) The Federal Reserve announced a new online publication yesterday that helps consumers better understand new notices they may receive from lenders when credit scores or credit reports affect a decision go grant credit. Almost all credit decisions made by lenders use a consumers credit history when deciding whether to extend [...]

Federal Reserve Publication Helps Consumers Understand Credit2011-01-13T05:30:34-07:00

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