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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.
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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
mortgage lenders
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
mortgage lenders

How the Shadow Inventory Could Kill a Housing Recovery

2011-01-04T05:15:39-07:00

January 4 2011 (Chris Moore) When foreclosures and Real Estate Owned (REO) properties enter the housing market, they transition from what is known as the shadow inventory into the visible inventory. Shadow inventory is usually defined as homes that are seriously delinquent (90 days or more), in foreclosure and real estate owned by lenders and [...]

How the Shadow Inventory Could Kill a Housing Recovery2011-01-04T05:15:39-07:00

Happy New Year: HUD Suspends or Fines Nearly 250 Lenders

2011-01-01T05:00:09-07:00

January 1 2011 (Chris Moore) In compliance with the National Housing Act, the Office of the Assistant Secretary for Housing—Federal Housing Commissioner, Department of Housing and Urban Development (HUD) revealed the names and the actions towards nearly 250 mortgage lenders nationwide that had been in violation of HUD and Federal Housing Authority (FHA) guidelines. The [...]

Happy New Year: HUD Suspends or Fines Nearly 250 Lenders2011-01-01T05:00:09-07:00

All I Want for Christmas is a New First Mortgage

2010-12-27T05:00:40-07:00

December 27, 2010 (Chris Moore) Every year at Christmas there’s always that one “hard to get” item that always seems to be impossible to find. This year proved to be no different. But instead of a doll, or a toy, or the latest electronic gadget, it was a loan modification. Read more...

All I Want for Christmas is a New First Mortgage2010-12-27T05:00:40-07:00

Mortgage Industry Leaders Call for National Standards

2010-12-24T06:00:22-07:00

December 24 2010 (Chris Moore) In a letter addressed to the Obama Administrations top financial leaders, fifty-two of the mortgage industry’s top executives are calling for the development of national standards in the originating, selling and servicing of mortgage loans. Read more...

Mortgage Industry Leaders Call for National Standards2010-12-24T06:00:22-07:00

New Rules for Adjustable Rate Mortgages Coming

2010-12-23T05:30:46-07:00

December 23, 2010 (Shirley Allen) Beginning October 1st, 2011, mortgage banks and lenders must notify mortgage applicants of the risk of possible payment increases on any adjustable rate mortgage loan before they agree to the terms of the loan. Read more...

New Rules for Adjustable Rate Mortgages Coming2010-12-23T05:30:46-07:00

Help For Struggling Homeowners From Scammers

2010-11-20T14:03:28-07:00

November 20 2010 (Jeff Alan) One of the worst things that happens during tough economic times is that the scammers always seem to come out of the wood work. Well now there’s good news for struggling homeowners. Read more...

Help For Struggling Homeowners From Scammers2010-11-20T14:03:28-07:00

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