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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
loans
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
loans

FICO Wants You to Know About Your Credit Score

2011-02-21T05:00:35-07:00

February 21, 2011 (Chris Moore) Fair, Isaac & Co., the folks who originated the closely guarded “FICO” credit score, have launched a website that helps consumers understand how credit scores can affect many areas of your life in this era of new financial regulations. The company also recently opened up about how your activities can [...]

FICO Wants You to Know About Your Credit Score2011-02-21T05:00:35-07:00

Bank Loan Modifications Greatly Outpace HAMPs

2011-02-03T05:15:26-07:00

February 3, 2011 (Chris Moore) No matter which side of the fence you sit on when it comes to who you want to blame for the whole housing crisis and no matter how many bank foreclosure horror stories you hear of or read about, there’s one thing you can’t deny, bank mortgage loan modifications outnumber [...]

Bank Loan Modifications Greatly Outpace HAMPs2011-02-03T05:15:26-07:00

Senator Raises Mortgage Concerns with Dodd-Frank Bill

2011-02-03T05:00:19-07:00

February 3, 2011 (Jeff Alan) Senator Kay Hagan (D-NC), a member of the Senate Banking Committee, has raised questions with U.S. banking regulators over a provision in the Dodd-Frank Finance Reform Bill that could potentially make it difficult for consumers to get home loans. Read more...

Senator Raises Mortgage Concerns with Dodd-Frank Bill2011-02-03T05:00:19-07:00

FHA Loan Volume Strong in December; Short Refi’s Weak

2011-01-25T05:00:05-07:00

January 25, 2011 (Jeff Alan) The Federal Housing Administration (FHA) Mortgage funded $28.1 billion to mortgage bankers for FHA backed single-family mortgage loans in December, a slight gain from the previous month. Included in that figure is $1.7 billion of FHA guaranteed reverse mortgages. FHA also reported an uptick in seriously delinquent mortgage loans during [...]

FHA Loan Volume Strong in December; Short Refi’s Weak2011-01-25T05:00:05-07:00

States That Take the Longest to Foreclose

2011-01-04T05:45:24-07:00

January 4 2010 (Shirley Allen) California, New York, Florida, Maryland, and Massachusetts are among the nation’s slowest to refer for foreclosure according to information released by LPS Applied Analytics. In California, the typical foreclosure takes approximately one year from the time the borrower missed their third payment until the loan was referred for foreclosure. Read [...]

States That Take the Longest to Foreclose2011-01-04T05:45:24-07:00

Freddie Mac’s Delinquency Rate Below Industry Benchmarks

2010-12-07T05:00:35-07:00

December 7 2010 (Jeff Alan) According to the most recent MBA National Delinquency Survey, mortgage giant Freddic Mac’s serious delinquency rates were less than half the industry average in the third quarter of 2010. Read more...

Freddie Mac’s Delinquency Rate Below Industry Benchmarks2010-12-07T05:00:35-07:00

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