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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
mediation
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
mediation

Hawaii Considers Foreclosure Moratorium

2011-03-08T05:05:45-07:00

March 8, 2011 (Shirley Allen) With out of every nine homes sold in Hawaii last year in foreclosure, state legislators are considering temporarily banning foreclosures and creating a system for homeowners to seek mediation and loan modifications. The idea has already passed the state House of Representatives, sending notice to lenders and bankers they need [...]

Hawaii Considers Foreclosure Moratorium2011-03-08T05:05:45-07:00

Non-Judicial States Foreclose in Half the Time

2011-03-07T04:50:06-07:00

March 7, 2011 (Jeff Alan) Recent research by credit rating agency Standard & Poor reveals that states that use a non-judicial foreclosure process do so in half the time than states that use a judicial foreclosure process. On average, lenders need 13 months to foreclose in a judicial state, more than twice the six months [...]

Non-Judicial States Foreclose in Half the Time2011-03-07T04:50:06-07:00

Should States Try to Force Loan Modifications?

2011-01-04T05:30:29-07:00

January 4 2011 (Jeff Alan) Despite the outcries from consumer advocates, only three states and two cities require mandatory mediation and even those don’t require the lenders to make a settlement. The only thing that administrators in the mandatory programs tell borrowers and lenders at the beginning of the foreclosure process is that they are [...]

Should States Try to Force Loan Modifications?2011-01-04T05:30:29-07:00

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