How to get the REAL low Home Loan interest rates online
I've been involved with home loans and refinancing for several
years now: As I use to work for a large mortgage firm and as a
landlord of over 11 properties, and I've tried nearly all the
major online loan companies like eloan, and others to compare
rates (especially to refinance my income properties). And guess
what, other then the largest online loan companies: the ones you
see on TV, most of them are not very competitive at all!
These firms don't offer the loans, nor even broker the loan
direct to a bank, like most mortgage companies do. They broker
the loans through another broker, who sometimes sells the lead
to yet another company.
How does that affect you?
Imagine how much of a percentage cut each one of these companies
is taking off the loan - talk about middlemen! By the time the
loan rate actually gets back to you, you could have cut off a
few points and saved yourself thousands of dollars - or years
off the life of your loan! Be sure to check for reviews of
reputable companies online and their interest rates from third
party sources. Thats the best way to insure you're really
getting the best rate available, and it's personally saved me
tens of thousands of dollars once I found about about all this.
Also, you'll want to improve your knowledge of reputable online
loan companies and the little known techniques that can save you
- or make you - a lot of money in the way you structure your
loans, try reading free articles like the ones at:
http://www.loan-er.com or other similar sites.
Good Luck and low rates!
Liam Griffon
Liam Griffon has worked in the mortgage and home loan field for
several years, and is now a private real estate investor
focusing on multi-unit income properties. He collaborates and
writes articles for: http://www.loan-er.com