 |
|
Mortgage Banking | Top Companies: This Week' s Reviews |
|
|
Services
Offered: Mortgage banking, auto loan, and
personal loan for all credit types.
Company Overview: Abacus Credit
was formed in 1998 to provide consumers with bad credit
with lending options for homes, cars, and other needs.
They operate online only, which allows customers to save
on rates and fees. Also, they help over 50,000 clients
every year, and close most loans within 30 days.
Our Review: Abacus Credit
offers so many helpful resources for mortgage banking,
despite the credit history of the consumer. Their
customer service is really top-rate, and the website is
very simple to navigate. Also, their forms are easy to
fill out, and can be done by even the most basic
internet user, allowing everyone to cash in on the
mortgage options at Abacus Credit.
User Review: Abacus Credit gave
me great mortgage banking options. I was really
impressed with everything they had to offer, especially
since my credit was basically wrecked. They still found
me a mortgage though, and were great about helping me
out.
|
|
|
Services
Offered: Mortgage Banking, Home Mortgage, Mortgage Refinance, Home Equity Loan, Personal Banking
Company Overview: BOFI is an online-only lender that was started in 2000. The company was created by a group of investors and financial gurus who have more than ten years of experience in exclusive internet banking. They raised $14 million plus in starting capital for their venture, which is more than any bank in the U.S.
Our Review: Bank of the Internet is a must-see for your mortgage banking needs. Theyíve got just about everything to offer every type of consumer for every need. No matter what you are looking for, this company is definitely worth checking into. They offer so many great services to consumers, and their website is very professionally maintained.
User Review: Bank of the Internet provided exactly what I was looking for in a mortgage banking company. I was so happy with the service I received and the mortgage options that I was given. I definitely will be coming back to these guys if I ever need another mortgage.
|
|
|
|
Services
Offered: Mortgage
Banking, Home Loan, Home Refinance, Home Equity Loan
Company Overview: Quicken Loans has been in the mortgage
business for over 22 years. They closed nearly $18
billion in home loans in 2006, and boast a 94% customer
satisfaction rating. Quicken has over 4,000 employees
and more than 150 different loan programs for the
consumer. They are licensed to close loans nationwide,
and they do the traveling to the customers, instead of
making the customer come to them.
Our Review: Quicken is a great lender. They’ve got years
of experience and a very accessible web site. The
different loan programs they offer are explained very
well, also. They have a great customer satisfaction
rating, so it seems you can’t go wrong with Quicken as
your mortgage banking company.
User Review: My brother-in-law referred me to Quicken
for my mortgage. I must say, I was skeptical to use a
company that operates mostly online, but once I checked
them out I was amazed. They were more customer oriented
than my local bank, and that says a lot. |
|
 |
Other Top Companies for
Mortgage Banking : |
|
|
|
|
 |
|
How To Select The Best Company For Mortgage Banking |
|
Getting a
mortgage can often seem intimidating. However, if you
keep a few things in mind, choosing the right mortgage
banking company doesn't have to be difficult at all.
First and foremost, you need to inform yourself about
mortgages and the different mortgage companies. To do
this, you can simply do some research on the internet,
but make sure the information you are getting is from
credible sources. Don’t trust everything you read
online, keep in mind that anyone can start a webpage, so
make sure you are using reliable companies for your
information. Once you've done some research and gotten
the information you need so that you understand what you
are getting into, then you need to begin researching
companies and narrowing down your options to find the
mortgage banking company that is right for you. After
you have decided which company or companies you would
like to work with, it comes time to begin filling out
applications to see which companies you chose are going
to offer you a loan. Then, when you get the approvals
from the companies, you will need to compare the offers
and figure out which mortgage banking company is right
for you. And don't presume that the company who offers
you the cheapest loan or lowest interest rate will
automatically be the best for you, because that's not
always true. For example, a company who offers you the
lowest interest rate may not offer the best loan terms,
or perhaps might not have the best reputation. Make sure
that you thoroughly consider all of your options before
making a final decision. Finding the right mortgage
banking company isn't exactly like choosing a pair of
socks, but it can be almost that simple. All you need to
do is make sure that you've researched your options and
informed yourself about mortgage banking before choosing
the company you will use.
|
 |
|
Mortgage Banking : In The News |
|
|
 |
|
 |
