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
underwriting standards
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
underwriting standards
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
underwriting standards

Pending Home Sales Rebound in May

2011-06-29T18:13:08-07:00

June 29, 2011 (Chris Moore) The Pending Home Sales Index (PHSI) rebounded in May as contract signings increased 8.2 percent to 88.8 after falling 11.3 percent from an upwardly revised 82.1 in April according to the National Association of Realtors (NAR). […]

Pending Home Sales Rebound in May2011-06-29T18:13:08-07:00

FHFA Releases Report to Congress on Freddie Mac and Fannie Mae

2011-06-14T02:34:25-07:00

June 14, 2011 (Jeff Alan) The Federal Housing Finance Agency (FHFA) released its third Report to Congress, detailing the findings of the agency’s 2010 annual examinations of Fannie Mae, Freddie Mac, the 12 Federal Home Loan Banks (FHLBanks), and the FHLBanks’ Office of Finance. In the report, FHFA says that since being under conservatorship in [...]

FHFA Releases Report to Congress on Freddie Mac and Fannie Mae2011-06-14T02:34:25-07:00

More Refinancing Homeowners Pay Down Loans in 4Q

2011-02-01T06:15:16-07:00

February 1, 2011 (Shirley Allen) By a margin of almost three to one, homeowners who refinanced their first lien home mortgage lowered their principal balance by paying an additional amount at the time of closing versus those borrowers who took cash out. Forty-six percent of homeowners who refinanced their mortgage in the fourth quarter of [...]

More Refinancing Homeowners Pay Down Loans in 4Q2011-02-01T06:15:16-07:00

Pending Home Sales Make Strong Showing in October

2010-12-03T12:28:01-07:00

December 3 2010 (Shirley Allen) The Pending Home Sales Index (PHSI), a forward-looking indicator released monthly by the National Association of Realtors (NAR), rose 10.4 percent to 89.3 based on contracts signed in October compared to 80.9 in September. Read more...

Pending Home Sales Make Strong Showing in October2010-12-03T12:28:01-07:00

Refinancers Who Take Cash Out at Record Low

2010-11-12T16:35:50-07:00

November 12 2010 (Shirley Allen) Freddie Mac has released the results of its third quarter 2010 cash-out refinance report and the number of homeowners who took cash out when they refinanced is at a record low. 33 percent of the homeowners who refinanced their first lien home mortgage actually lowered their principle balance by paying [...]

Refinancers Who Take Cash Out at Record Low2010-11-12T16:35:50-07:00

Smaller Banks Tighten Underwriting Standards on Loans

2010-11-09T17:31:48-07:00

November 9 2010 (Shirley Allen) According to the October 2010 Senior Loan Officer Opinion Survey on Bank Lending Practices from the Federal Reserve, smaller banks and mortgage lenders reported tighter lending standards on mortgage loans over the previous three months which marks a reversal from a slight easing that had been reported in the previous [...]

Smaller Banks Tighten Underwriting Standards on Loans2010-11-09T17:31:48-07:00