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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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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.
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mortgage borrowers

FHFA Extends HARP Assistance for One More Year

2011-03-14T04:50:41-07:00

March 14, 2011 (Shirley Allen) The Federal Housing Finance Agency (FHFA) announced that it will extend the Home Affordable Refinance Program (HARP) until June 30, 2012. Acting Director Edward J. DeMarco also announced in the press release that HARP loans would be exempt from the recently announced price adjustments and that Fannie Mae has changed [...]

FHFA Extends HARP Assistance for One More Year2011-03-14T04:50:41-07:00

Foreclosure Beverly Hills Style

2011-03-08T05:00:38-07:00

March 8, 2011 (Chris Moore) They come from all walks of life. From the guy next door, to celebrities, to even large prominent companies, strategic default is a growing option for more and more borrowers to take. The exact amount of strategic foreclosures is unknown but a recent study by the Federal Reserve Board showed [...]

Foreclosure Beverly Hills Style2011-03-08T05:00:38-07:00

Obama Proposal Sent to Mortgage Lenders

2011-03-07T04:55:27-07:00

March 7, 2011 (Chris Moore) The nation’s largest mortgage lenders received a 27 page proposal from state attorneys general and several federal agencies that could require them to reduce loan balances of troubled mortgage borrowers. The proposal reportedly does not specify penalties or fines at this time, but instead represents a detailed code of conduct [...]

Obama Proposal Sent to Mortgage Lenders2011-03-07T04:55:27-07:00

R.I. Judge Upholds Foreclosure Mediation Program

2011-01-31T06:30:20-07:00

January 31, 2011 (Jeff Alan) U.S. Bankruptcy Court Judge Arthur N. Votolato upheld the court’s right to establish a mediation program for homeowners facing foreclosure. The ruling was in response to objections filed by creditors in two bankruptcy cases. The creditors are PHH Mortgage Corp., doing business as PHH Mortgage Service Center, and Ocwen Loan [...]

R.I. Judge Upholds Foreclosure Mediation Program2011-01-31T06:30:20-07:00

Hardest Hit Fund Foreclosures Delayed 45 Days

2011-01-21T05:30:33-07:00

January 21, 2011 (Jeff Alan) Fannie Mae announced that it is directing its mortgage servicers to delay scheduled foreclosure sales for 45 days. The moratorium applies to borrowers that been approved assistance through the Hardest Hit Fund. The Hardest Hit Fund was part of a series of housing programs announced in February 2010 to help [...]

Hardest Hit Fund Foreclosures Delayed 45 Days2011-01-21T05:30:33-07:00

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

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