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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.
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
risk retention proposal
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
risk retention proposal

Comment Period for Risk Retention Rules Extended to August 1st

2011-06-10T01:34:38-07:00

June 10, 2011 (Chris Moore) Regulators from the six federal agencies who were tasked with crafting the proposal for the risk retention rules for mortgages required under last year’s Dodd-Frank Finance Reform Bill have extended the deadline for the public comment period until August 1, 2011. […]

Comment Period for Risk Retention Rules Extended to August 1st2011-06-10T01:34:38-07:00

NAR Responds to Qualified Residential Mortgage Proposal

2011-03-31T02:48:30-07:00

March 31, 2011 (Shirley Allen) The National Association of Realtors (NAR) has weighed in with their response to the “Qualified Residential Mortgage (QRM)” requirements set forth in the risk retention proposal by federal regulators. NAR claims that the high down payment requirement will unnecessarily burden home buyers and significantly impede the economic and housing recovery. [...]

NAR Responds to Qualified Residential Mortgage Proposal2011-03-31T02:48:30-07:00

Risk Retention Proposal Released

2011-03-30T02:26:45-07:00

March 30, 2011 (Chris Moore) Seven agencies of the federal government jointly released the risk retention proposal mandated in the Dodd-Frank Refinance Reform Bill. The 233 page report defines “Qualified Residential Mortgages (QRM)” and provides additional guidance on requirements for commercial real estate and automobile loans. Read more...

Risk Retention Proposal Released2011-03-30T02:26:45-07:00

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