The financial loss of not getting the best mortgage
What is the financial loss of not getting the best mortgage home loan?
Commentary: Until recently, did not have the fast ability to search real loan offers from competing mortgage lenders, and only work with one mortgage lender from start to finish. Most homeowners, are subjected to low teaser rate offers online, and are lead to believe they will receive real competing offers. Ultimately, through disappointment and a flood of spam calls they concede to take what looks good at that time.
How much do homeowners loose by not finding best mortgage?
To answer this question, we simply lead you to an example you can verify as well. We will simply use a loan amount of $ 300,000 on 30 years fixed rate, with two different interest rates.
Then we will total the amount of payments and compare the 2 loans.
Example 1:
Loan Amount: $ 300,000
Term: 30 Years
Rate: 4.75%
Payment: $1,565.00
Total Payments: $ 1,565 x 360 = $ 563,400.00
Example 2:
Loan Amount: $ 300,000
Term: 30 Years
Rate: 4.25%
Payment: $1,476.00
Total Payments: $ 1,476 x 360 = $ 531,360.00
LOAN SAVINGS DIFFERENCE:
$ 563,400.00 - $ 531,360.00 = $32,040.00
How can I find the best mortgage loan with the lowest interest rate and closing cost?
Up until now, there has not been an easy one stop online mortgage market place where this could be done.
To answer your question, you can now search the Nation's lowest rate mortgage lenders to find the lowest rate loan and cost all within one site.
You can use our website online real lender rates mortgage offers APPLY HERE. Here are the benefits of using this service:
Benefits of using EquiFund Mortgage Loan Search:
- Automation identifies lowest rate fee loan
- EquiFund Mortgage Lowest Rate Fee Guarantee
- 100% Fully Transparent, see all numbers upfront
- Multiple National Lenders real rates and offers
- No teaser rates
- We close and fund with lender you select
- No origination, lender, underwriting fees
- No broker fees
Because we employ a full service digital mortgage market place, we can offer the Lowest Interest Rate Fee Loan Guarantee.
Does EquiFund Mortgage work with me until my loan is completed?
Yes, EquiFund Mortgage will originate, process, underwrite and close your loan with the lender you select from our site.
We are lender agents that are compensated by the winning lender to complete all the work to close and fund your mortgage loan.
EquiFund Completes:
- Loan Origination
- Loan Disclosures and Compliance
- Loan Processing
- Loan Submission
- Loan Underwriting Review
- Schedule Loan Closing
- Review Closing Documents
- Arrange and Verify Loan Closing
- Verify Loan Funding
Does EquiFund Mortgage charge any fees to do this work?
No, as a norm EquiFund Mortgage is paid directly by the lender to do all this work. With over 22 years lending history, we are expert in originating and closing mortgage loans in less than 30 days.
- No Origination Fees
- No Lender Fees
- No Underwriting Fees
- No Processing Fees
- No Costly Commissions
Does EquiFund Mortgage sell or share my information?
No, we only share the information with the winning lowest rate lender you select.
When choosing a mortgage lender it is important to work with an expert mortgage company that has substantial experience to make sure you get the best loan offer and have an easy loan submission and loan closing process.
EquiFund Mortgage has over 22 years of mortgage lending experience. We look forward to placing the needs of our clients as our first priority.
Please feel free to use our automated loan search to see the best loans in the market for you.
