Finding Lenders

Financing, Hard Money Lenders, Private Money
1

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

2

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.

3

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

4

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.

5

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

6

Thanks for the responses everyone.

7

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!

8

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.

9
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