Finding Lenders

Are there any websites that do a good job of comparing lender’s rates and products around the country?

Any loan consultant will do this for you. They should have the knowledge after looking over your scenario to match you up with the most compatible lender.

Are you looking within a specific state? Or do you want the whole country?

Realize companies like LendingTree and many of the other “Compare Rate” sites don’t actually compare rates. They sell your info to mortgage brokers like myself.

There’s a website that does it but the reader wouldn’t be able to see the algorithm benefit – but a phone call will.

Thanks for the responses everyone.

Geeting a “true” loan quote involves alot more than just entering your information on a website. If you are truly looking for the best deals, find a broker that can “shop” around for you. This also limits the amount of calls that you will recieve as you are providing information to one person. Not as $$$Guru$$ stated;

Realize companies like LendingTree and many of the other "Compare Rate" sites don't actually compare rates. They sell your info to mortgage brokers like myself.

Good Luck!

Mdhaas

For your info, Lending Tree is actually owned by Microsoft (yeah Bill Gates & Co.). I know for a fact all they do is sell leads because I have bought from them. If you are a “Sr.” loan officer i’m sure you have been in the business for more than a month and have gotten many notices from companies like these soliciting for leads.

I think the point you were trying to get across was that a lender needs to know more than just the preliminary info one would give over the web to truely give an accurate assessment of final rate.

I know for a fact all they do is sell leads because I have bought from them. If you are a "Sr." loan officer i'm sure you have been in the business for more than a month and have gotten many notices from companies like these soliciting for leads.

LOL! Calm down Beavis.

I was “supporting” the statement that you made. It would appear that my ability to communicate effectively is deteriorating due to my lack of coffee.

I think the point you were trying to get across was that a lender needs to know more than just the preliminary info one would give over the web to truely give an accurate assessment of final rate.

That is what I am talking about!!!

I should let you type my responses! ;D