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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
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

HUD Extends Foreclosure Anti-Flipping Rule

2011-01-24T10:16:04-07:00

January 24, 2011 (Shirley Allen) The Department of Housing and Urban Development (HUD) announced that it is in the process of approving another one-year suspension of its anti-flipping rule on foreclosed properties bought with FHA loans. The suspension was first initiated on February 1st of last year to allow investors to quickly renovate foreclosed homes [...]

HUD Extends Foreclosure Anti-Flipping Rule2011-01-24T10:16:04-07:00

Adjustable Rate Mortgages Become Almost Non-Existent

2011-01-19T05:00:15-07:00

January 19, 2011 (Chris Moore) Adjustable Rate Mortgages (ARMs) that had become the mortgage of choice during the housing boom has become virtually non-existent as a mortgage option today. In a report released by the Federal Reserve, the once mighty ARM which was the choice of 70 percent of all borrowers in 2004, now only [...]

Adjustable Rate Mortgages Become Almost Non-Existent2011-01-19T05:00:15-07:00

Federal Reserve Publication Helps Consumers Understand Credit

2011-01-13T05:30:34-07:00

January 13, 2011 (Jeff Alan) The Federal Reserve announced a new online publication yesterday that helps consumers better understand new notices they may receive from lenders when credit scores or credit reports affect a decision go grant credit. Almost all credit decisions made by lenders use a consumers credit history when deciding whether to extend [...]

Federal Reserve Publication Helps Consumers Understand Credit2011-01-13T05:30:34-07:00

Is a Short Sale Right For You?

2011-01-07T17:40:05-07:00

January 7, 2011 (Shirley Allen) You hear a lot about short sales these days, but short sales aren’t for everybody. Sellers aren’t entitled to a short sale just because they’ve lost equity in their home. Lenders look for other hardships when approving short sale transactions. Short sales are not the "saving grace" some home sellers [...]

Is a Short Sale Right For You?2011-01-07T17:40:05-07:00

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

You Think Things Are Bad Here?

2010-11-09T14:55:09-07:00

November 9 2010 (Chris Moore) In a survey conducted by the Professional Insurance Brokers Association (PIAB), mortgage brokers claim mortgage lenders are rejecting eight out of ten home loan applications in the United Kingdom. read more...

You Think Things Are Bad Here?2010-11-09T14:55:09-07:00

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