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Sunday, February 13, 2005

Shopping the best online loans for refinance

Shopping the best online loans for refinance: "AREN'T DIRECT LENDERS THE BEST CHOICE WHEN GETTING A LOAN?
Working with online lenders or direct lenders do have certain advantages but there can be some restrictions in terms of products also. Some lenders try to fit you into one type of mortgage loan as their resources are not as flexible like a broker. In either case it really comes down to trusting the loan officer who is willing to work an be patient with you.
The main advantage to working with a lender is their quickness to fund a refinance loan as their underwriting department could be inhouse and perhaps their convenience. "

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