Why does LOANASSIST.COM offer this service for free?
LOAN ASSIST.COM is owned by LoanAssist.com, LLC Mortgage Processing Company. As a mortgage processing company LoanAssist.com, LLC acts as a "go-between" for borrowers, mortgage brokers and lenders. In essence we do the paperwork for mortgage brokers that the lenders require in order for a borrower to get a mortgage. After a borrower fills out all of the necessary forms to get a loan, we order title commitments, fill out more forms, collect information about your income, and money you have in the bank, submit your loans to lenders and make sure that your mortgage broker has everything that is needed to get you a mortgage.
It is also our job to track the information from hundreds of lenders, and keep this information available to mortgage brokers who are looking for the best deal for their borrowers. We work with you the borrower, and also with many mortgage brokers and lenders on a daily basis.
Anyone who has ever had a problem with past credit, or has shopped for a lower interest rate loan will tell you that it's not an easy thing to find a company that can find them just they type of loan they are looking for. Far too often people sign up with a company because the representative has a nice smile and seems honest, only to find out that they may not have the ability to get you the type of loan that you wanted. The truth is that some companies specialize in getting a few types of loans for their customers, and because they close a lot of these types of loans, they know how to avoid problems for their customers. Each of these brokers also have access to the lenders who want and need your particular type of loan. Even people with bad credit are needed to fill portfolios of companies looking to make a higher rate of return on their investment. That's where we come in. There are specific types of mortgage brokers and lenders that are looking for you right now. Why take a chance on not getting what you want with the biggest investment of your life? If you just open the phone book and pick a name at random, or get a referral from a friend, you are taking a chance that the company you pick actually has the experience that you require. We will put you in contact with the right lender the first time.
The mortgage brokers that will represent you do not have to pay for advertising to attract you as a client. We put their savings to work for you by working out special incentives with the brokers in the form of valuable coupons. Look for these in the online application section.
Give us a try, and skip the risks associated with finding the correct lender.