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Three Mortgage Comparison calculators - and what they are best for:
1. Zillow.com
Best for vetting lenders and brokers. You an sort rate quotes based on user reviews.
The catch is that quotes are posted to your online account, so the rates may be out of date after a few days.
2. Mortgage-Marvel.com
Best for finding the most current rates. The site updates them in real time.
The catch is that the quote tool does not let you input your income. If yours is too low for the loan you want, you may have trouble getting approved.
3. LendingTree.com
Best for narrowing down your options. The site matches you with up to four lenders who get in touch via phone or e-mail to tell your their best rates.
The Catch is that you cannot shop anonymously. Plus, some lenders will pull your credit report, which can hurt your credit score if you don't get a mortgage within 30 days, and check it too often.
1 comment:
these are helpful tools for real estate. i'll be checking these links you gave out - great advice, thanks for the info this will help.
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