Have you ever considered an online mortgage lender? Whew there are a lot of them out there. Let’s see which ones are the most reputable.
Lending Tree – www.lendingtree.com
E-Loan – www.eloan.com
800 Loan – www.800USALoan.com
Ditech – www.ditech.com
These are some of the ones that I had heard of and I am sure there are many more lenders online. Could there be a disadvantage to using an online lender? Or are there strictly advantages to using an online lender? If you use an online lender, should you use more than one to see if the second lender comes close to what the first lender recommends? It is almost like when you are buying a car, you go to more than one dealer and see if the second dealer is out of reach or is he going to be within dollars of the first offer.
