 |
|
New Home | Top Companies: This Week's Reviews |
|
|
| Services Offered:
New home financing |
|
| Company Overview:
Bank of Internet was first founded back in 1999. They
were the first online-only bank and lender, and they
serve customers all around the country. The way that
they operate online allows them to offer better rates to
their consumers for home loans and other credit. They
have more than $1 billion in assets, and specialize in
new home financing for first-time home buyers, as well. |
|
| Our Review:
Bank of Internet is, by far, one of our favorite
companies for loans and credit. They have so many
different products to choose from, and their service is
unmatched. We love that they are strictly online, which
gives people better rates and loan options, too. As for
the website, it’s really well designed and simple to
use. |
|
| User Review:
Bank of Internet helped me get a loan for my new home,
even though I wasn’t really a superior credit customer.
I love the service that I got, and the loan was much
cheaper and more affordable than I thought. Their
company is great to work with! |
|
|
|
| Services Offered:
New home financing |
|
| Company Overview:
Quicken Loans has been in business for more than 20
years. They offer more than 150 loan programs, including
new home loans of all types. The company has more than
4,000 employees around the U.S., and has a 94% customer
satisfaction rating for their completed transactions. |
|
| Our Review:
Quicken is another of our favorite companies for home
loans. They have so many great products and outstanding
customer service, which is what everyone wants from a
home loan company. The website and application are
really simple and easy to figure out, as well. |
|
| User Review:
Quicken was able to get me a loan for my new home in no
time at all. They even found me a great interest rate
that was lower than any other company that I had applied
with. Thanks to Quicken, I’m now able to provide a home
for my family at an affordable cost. I love it. |
|
|
|
| Services Offered:
New home financing |
|
| Company Overview:
LoanWeb is part of one of the oldest internet marketing
companies in the nation. They were founded by
iHomeowners, Inc. in 1996, and were listed in 2004’s
Inc. 500 list. Their parent company has an annual growth
rate of about 95%. |
|
| Our Review:
LoanWeb has many different programs for consumers who
need a new home loan. They work with a network of
lenders, which gives people more options than working
with one bank alone. The company has a simple website,
and information is very easy to find. |
|
| User Review:
I got a very affordable home loan from LoanWeb. Everyone
thought that I was crazy for buying a home in the slow
economy, but I saw it as a way to benefit from other
people’s fear and lack of interest in the market. Turns
out that I got a great new home and a great loan to go
with it. |
|
|
|
| Services Offered:
New home financing |
|
| Company Overview:
MortgageLoan.com helps consumers to find mortgage rates
and new home information for their needs. The company
has been in business since 1995, and they have a lock-in
period of 30 days for all of their loan rates that they
have listed. They have helped millions of customers
since they began more than ten years ago. |
|
| Our Review:
MortgageLoan.com is a great place to find information on
new home loans and other resources. The company has
great offerings for all types of people, as well as a
really simply designed and easy to use website. Plus,
the customer service is great when you need it. |
|
| User Review:
MortgageLoan.com helped me figure out everything that I
needed to know about getting a loan for my new home. The
information that they offered was so helpful and they
had a little bit of everything to choose from, which was
great. I felt so much better about buying a home after I
checked out this website. |
|
|
 |
Other Top Companies for
New Home : |
|
|
|
|
 |
|
Buying a New Home: |
|
When it comes
to home ownership, everyone seems to have the same idea.
Owning a home is essentially the great American dream
for many people. With the mortgage market hitting so
many bumps, many people are scared to invest in the
market right now. However, buying a home right now is
much easier and safer than most people think. New home
sales are very slow. This means that a buyer’s market
has been created. You can buy just about any home that
you want and name your price, because so many people are
desperate to sell at this point. If you take the time to
look around and see what’s out there, you might find
that getting a new home is more feasible in your
situation than you might have thought it would be.
Buying a new home requires a lot of information about
mortgages and your different options for lending, as
well as knowing what is required of you when it comes to
getting a loan. For example, you’ll have to have decent
credit, and you’ll usually have to have some sort of
down payment on your home. Many loans used to offer 100%
financing, but in today’s market, banks and lenders
aren’t as trusting as they once were. This isn’t bad,
though, because you can usually get away with less than
10% for a down payment. That means if you buy a $100,000
home, you’ll easily be able to put down $10,000 or less
and find a loan that suits your needs. This situation
isn’t the same for everyone, but if you take the time to
check out your options you might realize that it’s
easier than you think to get a new home. You’ll simply
need to make sure that you work with a stable lender and
get a good loan based on your financial situation, so
that you don’t end up paying more than you should for
your new home. It really all comes down to being
informed and prepared when you are getting into the
process of buying a new home.
|
 |
|
New Home : Tools |
|
|
 |
|
 |
