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
fees
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
fees
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
fees

FHA Fees Going Up (and Down)

2012-04-09T03:30:02-07:00

April 9, 2012 (Chris Moore) Getting a mortgage loan insured by the Federal Housing Administration (FHA) just got a little more expensive today as new fees designed to help replenish the agency’s depleted reserves kick in today according to the Department of Housing and Urban Development (HUD) […]

FHA Fees Going Up (and Down)2012-04-09T03:30:02-07:00

NAR Responds to Qualified Residential Mortgage Proposal

2011-03-31T02:48:30-07:00

March 31, 2011 (Shirley Allen) The National Association of Realtors (NAR) has weighed in with their response to the “Qualified Residential Mortgage (QRM)” requirements set forth in the risk retention proposal by federal regulators. NAR claims that the high down payment requirement will unnecessarily burden home buyers and significantly impede the economic and housing recovery. [...]

NAR Responds to Qualified Residential Mortgage Proposal2011-03-31T02:48:30-07:00

Wells Fargo Settles Veterans Housing Fees Lawsuit

2011-02-23T05:10:19-07:00

February 23, 2011 (Jeff Alan) Wells Fargo & Co. has agreed to settle a lawsuit that alleges the bank harmed veterans by charging improperly high fees on mortgages. Wells Fargo has agreed to refund up to $10 million in fees to eligible military veterans who refinanced their mortgage with the bank. Wells Fargo has now [...]

Wells Fargo Settles Veterans Housing Fees Lawsuit2011-02-23T05:10:19-07:00

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

What’s in Your Closing Costs?

2010-09-29T23:19:54-07:00

September 23 2010 (Shirley Allen) For the first time homebuyer, the term “closing costs” can be quite confusing. Learning about the different types of mortgages and trying to figure out the different interest rates can be confusing enough, but you have to pay at the end too? Read more...

What’s in Your Closing Costs?2010-09-29T23:19:54-07:00

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