Why May E-Loan be the Better way to get a Home Loan?
Here are some insights from eloan.com ...
<<Products and Services
E-LOAN offers first- and second-mortgage customers the ability to quickly and efficiently search a database of over 50,000 loan products from more than 70 of the nation's top lenders. Rates are updated daily. Customers can go online to search for rates, compare loans, project out payment schedules, apply for and lock in the desired loan online. In addition, they can check on the status of their loan applications 24 hours a day using E-LOAN's exclusive E-TRACK service.
Unlike other competitors -- online or offline -- E-LOAN displays customized product quotes and comparisons, recommending the best product available that day to the borrower based on his or her responses to qualifying questions regarding debt objectives, risk profile, hold period, and other financial criteria. E-LOAN also offers performance forecasts on loans so customers can plan for the future.
The E-LOAN site contains all the tools necessary for obtaining home financing, including:
Pre-qualification - Obtain instant pre-qualification after filling out a simple questionnaire
Pre-approval - A must in today's competitive housing market
Credit Reports - Order comprehensive reports online
Rate Watch - Receive email messages when the product you want becomes available
Mortgage Monitor - Stay up on how your current loan compares to what's available
Realtor Tools - Check out calculators, customized brochures and other resources>>
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