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First Mortgage | Top Companies: This Week' s Reviews |
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Services
Offered: First Mortgage, Auto Loan, and Personal
Loans for all credit types.
Company Overview: Abacus Credit
was established in 1998. Their mission is to provide
consumers with the opportunity to own a home or vehicle,
or to be able to get a personal loan or credit card
regardless of their credit history. They help over
50,000 clients every year, and usually close loans in
less than a month.
Our Review: Abacus Credit is a
great company. No matter whether you’re getting your
first mortgage or your fourth, they have a comprehensive
lending program that works for everyone. Plus, it
doesn’t matter if you have great credit or bad credit;
everyone is treated equally with this company. Their
website is well designed and their customer service is
great.
User Review: Abacus Credit was
the only company I found that would approve me for my
first mortgage. My credit history was less than
desirable, but they didn’t seem to care. They focused
instead on the positive impact having a mortgage would
have on my future, and for that I’m forever grateful to
them. |
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Services
Offered: First Mortgage, Home Mortgage, Mortgage Refinance, Home Equity Loan, Personal Banking
Company Overview: BOFI was born in 2000 as a strictly online lender. When they started, they raised more capital than any other US bank, in excess of $14 million. The company was started, and is still maintained by a group of lenders who have years of experience in online lending.
Our Review: Bank of the Internet is a great alternative to traditional mortgages for first time home buyers. They have many different loan programs, so there is sure to be something to meet your individual needs. They also have plenty of customer service agents on call, anytime you have questions or need things explained. Really, you canÃt go wrong with this company when it comes to your first mortgage.
User Review:I never imagined being able to get on a computer and get a mortgage, but when I went to buy my first home, a friend told me about some of the amazing rates that online companies offer. When I found Bank of the Internet and saw the great rates and options they offered, I couldnÃt deny that this was the best company IÃd ever worked with. |
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Services
Offered: Home Mortgage,
Home Equity Loan, Home Mortgage Refinance, Debt
Consolidation
Company Overview: Founded in the early 1980's, Quicken
Loans has grown to have over 4,000 employees and more
than 150 loan programs for consumers. Also, they have a
customer satisfaction rating of 94%.
Our Review: Quicken is a company that is all about the
consumer. They strive to provide consumers with options
for lending and the best programs possible. Their
customer service department is very well rated, and
their web site is functional and informational.
User Review: Quicken Loans is the best! I applied for a
mortage with them, had an answer within 48 hours, and
then had the loan that I needed in about three weeks. It
was amazing, and the best service I have ever received. |
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Other Top Companies for
First Mortgage : |
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How To Select The Best Company For First Mortgage |
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Purchasing your
first home doesn't have to be as scary of a process as
it can seem to be. Consumers, especially in today's
e-commerce society, have many more options when it comes
to getting their first mortgage. In addition to this,
they also have access to much more information about
consumer lending and getting a mortgage than they used
to. The best way to ensure that you find the best first
mortgage company for your home loan needs is to fully
research your options and the necessary information
before you jump in and sign paperwork that you don't
understand. When you're borrowing money to finance your
home, you need to make sure that the first mortgage you
get is as secure and legitimate as the home you've
chosen to purchase. Another important point is to
exercise extreme caution when applying for mortgages
online. There are many companies out there that will
help your dream of home ownership come true, but there
are also companies out there who use the internet to
their advantage to prey on unsuspecting consumers.
Therefore, it cannot be stressed enough that you need to
fully research any and all companies you plan on
applying with for your first mortgage. When it comes to
consumer lending, there is a ton of options and
companies out there, and even though it may seem
overwhelming at first, you need to take it step by step.
Study up on mortgages, credit, and lenders so that you
are informed when you begin choosing companies to apply
with. Then, apply with companies that you trust to serve
you well, and that you feel comfortable with. Once the
applications are approved, you need to decide which loan
is best for you based on two things: the terms of the
mortgage and your personal comfort level with each
company. Provided that you take things one step at a
time, and inform yourself as to what you are getting
into, getting your first mortgage can be a simple task.
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First Mortgage : In The News |
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