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The Real Truth About Those: Online Get a Better Loan Web Sites - 6 Things to Look For


You have seen the Commercials on TV go this or that web Site and Refinance your Home and Save thousands. Tempting isn't it? Do they really save you money?

But what if you need help or Advice? What if you have questions? Can an online Internet Robot Design a Mortgage Plan customized for your unique situation.

Here are 6 Reasons why a Financial Service Professional is better then those online Internet Robots

1 - Loan Maize

Their are hundreds of loan Types and Terms. Which is best for you? Before you go to the Internet learn a little about the loan Maize. Here is just a partial list of terms involved in the Maize.

First you Pick the Loan Length

  • Less then 15 Years
  • 15 Year
  • 20 Year
  • 30 Year
  • More then 30 Years

    Next Pick the Loan Type

  • First Trust Deed
  • Second Trust Deed
  • Home Improvement
  • Reverse Mortgage
  • Inverse Mortgage
  • Bi-Weekly Mortgage
  • Debt Consolidation
  • FHA
  • VA

    Now Mix and Match from some loan Terms

  • Fixed Rates
  • 30 due in 5
  • 30 due in 7
  • Fixed for 3 then Adjusts
  • Buy Downs
  • Arms
  • Steps
  • Interest Only
  • Fully Amortized
  • Ballons
  • Full Doc
  • Negative Amortization ARM
    MORE RESOURCES:

    Housing Wire

    Obama pressures Congress on mortgage refinance program
    Fox News
    WASHINGTON – President Obama is rallying support for his plan to expand government assistance to homeowners, pressuring Congress to help lower lending rates for millions of strapped homeowners. Obama, in his radio and Internet address Saturday, ...
    President Obama's Mortgage Refinance Plan Just a Bid for VotesYahoo! Contributors Network
    Obama Unveils Mortgage Refinance EndeavorsMortgageorb
    Obama to Announce New FHA Mortgage Refinance ProgramGo Banking Rates
    Housing Wire -MarketWatch -CBS Moneywatch
    all 1,239 news articles »


    MonitorBankRates.com

    Mortgage Refinance Rates: 15 Year Refinance Mortgage Rates at 3.29%
    MonitorBankRates.com
    Mortgage refinance rates on 30 year conforming home loans are averaging 3.98%, unchanged from yesterday's average 30 year mortgage refinance rate. Mortgage refinance rates today on 15 year home mortgage loans are averaging 3.29%, down from yesterday's ...

    and more »


    Fox News

    Obama Proposes Mortgage-Refinance Plan
    Wall Street Journal
    By NICK TIMIRAOS President Barack Obama called on Congress during Tuesday's State of the Union address to approve new legislation that would give all homeowners who are current on their mortgages the opportunity to refinance at record low mortgage ...
    Obama proposes mortgage refinance programPolitico (blog)
    Will Obama's Mortgage Refinance Plan Be D.O.A.?U.S. News & World Report
    Obama proposes new mortgage refinance programHousing Wire
    Daily Caller
    all 314 news articles »


    International Business Times

    FOX 11 News Discussion: State of the Union
    MyFox Los Angeles
    And he aimed a pitch at homeowners, announcing a new mortgage refinance program with "historically low interest rates" that "gives every responsible homeowner the chance to save about $3000 a year on their mortgage." He added, "A small fee on the ...
    Winning Words, But Not a WinnerU.S. News & World Report
    Obama State of the Union 2012: Mortgage Refinance Changes Face ObstaclesInternational Business Times

    all 12,250 news articles »


    CBS Local

    Six Questions on Obama's Mortgage Refinance Proposal
    Wall Street Journal (blog)
    By Nick Timiraos President Barack Obama said Tuesday night in his State of the Union address that he would send a plan to Congress to allow all homeowners who are current on their mortgages to refinance. Here's a quick look at the proposal: How is this ...
    Obama plan could help refinance Bay Area mortgagesSan Francisco Chronicle

    all 19 news articles »


    KOMO News

    Living large? Get the best rate on your jumbo mortgage refinance
    NASDAQ
    If you buy apparel from "big and tall" clothing stores, you're used to paying more and having less to choose from. "Regular guys," on the other hand, benefit from a wider selection of products and more competition between retailers.
    Mortgage Interest Rates Move Higher: 15 Year Mortgage Interest Rates at 3.34%MonitorBankRates.com

    all 113 news articles »


    AgedLeadStore.com to Add 1100000 Aged Mortgage Refinance Leads
    Middle East North Africa Financial Network
    COM, January 26, 2012 ) Baltimore, MD AgedLeadStore.com is increasing its value for its customers by adding 1.1 million aged Mortgage Refinance Leads in February. This is important as many people depend upon their ability to refinance to make progress ...



    High Volume Stock Movers: Bank of America, Sprint, Cisco, Annaly, Sirius Feb. 8th
    Wall St. Cheat Sheet
    By Derek Hoffman Bank of America Corp (NYSE:BAC): The US's Home Affordable Refinance Program has increased mortgage refinance applications and strained capacity at Bank of America, leading the bank to ask some customers to wait 60 to 90 days, ...



    New HARP Could Help Up to 6.7 Million
    NASDAQ
    Other changes to the program were designed to make it easier for homeowners with private mortgage insurance (PMI) to refinance or to obtain a HARP mortgage refinance with a lender other than their current mortgage servicer. In addition, new limits were ...

    and more »


    Boehner On Refi Plan: Bad Idea, Obama!
    Mortgageorb
    by MortgageOrb.com on Thursday 02 February 2012 Any hope for bipartisan support of President Obama's mortgage refinance proposal was squashed by House Speaker John Boehner, who dismissed the new initiative as a continuation of failed policies.

    and more »

    Google News

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