Straight Talk about a Complicated Industry!
Now, we probably don't have to explain the fact that if a multitude of lenders are looking at
your information and bidding on it, you will get a good deal.
We probably don't have to tell
you if you have ever been to an auction, that bidding usually gets feverish, and someone
always "has to have" that particular item.
We probably don't have to tell you that in this case lenders are bidding
on your loan.
You've got
what they want, and it is a valuable financial commodity. All you have to do is kick your
feet up on your desk, and watch the lenders bring you "Real-Time Competition for Your
Mortgage." And It's Free!
No Obligation. |
1. You enter data only once, not at lots of sites, or with lots of lenders.
2. Many lenders can offer you bids, and re-bid lower and lower.
3. You see everything and are in control with multiple bids to choose (we'll recommend
the best based on what you tell us is important)
4. We even download all of the lending forms to you, completed with all of the data you
gave us, saving you valuable time and effort!
Click
Here for a free online mortgage application.
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Traditionally, the lending portion of the mortgage industry has been made up of three tiers
of participants. The local lenders, nation-wide lenders, and, above them, the federal lenders
like Freddie Mac and Fannie Mae. Brokers sometimes work with, or for, local lenders, who
often sell your loan "up-stream" to a nation-wide lender who in-turn may sell it to Freddie or
Fannie. This is why many people experience their loan being sold, and sending their
payment to another institution.
Brokers, who don't usually lend their own money, are really educated commissioned sales
people. They deliver your loan to a lender and they are paid a commission that can run as
high as 1% to 2% of the loan amount or more. That's an average of $1,500 on a $100,000
loan. So obtaining a mortgage on-line is one of the smartest things a consumer can do
these days.
Since Mortgage Bid's on-line lenders don't pay this high commission, the ultimate rate and
fees the lender charges can be lower. Many traditional lenders have Internet mortgage sites
too, but by the time you complete each lender's on-line application, you might as well have
picked up the phone, the phone book, and made 20 calls.
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Bids for Your Mortgage
 Now!
Even for customers with less than perfect credit…those that used to pay high fees or a high
interest rate…the Online Mortgage Company works wonderfully, not just with competition, but by offering
them choices in and opinions about obtaining the best possible deal.
Mortgage Bid makes the lending and mortgage loan process easy to understand and easy
to do right.
Ask yourself this question,
"Would you rather deal with one company, or know
that many lenders got the chance to give you competitive quotations...that you could see
for yourself?"
We'll help you evaluate your choices, and even make a recommendation
about the lowest total cost, though you can always choose any quote you wanted at any
time…just sign up now and you'll be on your way to seeing real competition for your
mortgage.
We save you time and effort by
providing you with multiple competitive Real-Time Bids for Your Mortgage
...and you won't have to spend a lot of
time evaluating the alternatives.
Click
Here for a free online mortgage
application. |
