MTG mortgage re& morgage online blog

Comment from Carol
Time January 25, 2010 at 6:00 pm

Good luck finding something accurate online. Online offers or quotes are designed to entice you so you’ll get interested. Your best bet is to call a Mortgage Loan Officer and get a quote. The calls and hassle afterward are from the credit bureaus selling the fact that you are shopping for a mortgage. So don’t have them pull your credit and you won’t get hassled. You do need to know your score though so you can supply it to them. Eventually if you are interested in the quote and you begin the application you will have to have your credit pulled so inevitably it will get done and you will called after wards probably with solicitors.

Comment from limbo
Time January 25, 2010 at 10:50 pm

The Financial Services’ Authority website http://www.fsa.gov.uk/tables/bespoke/Mor…
Disclaimer:
The answers above are for guidance only and should not be acted upon without you receiving professional mortgage advice relevant to your circumstances. To find an independent mortgage adviser please go to http://www.unbiased.co.uk

Comment from Unbiased.co.uk Find a Mortgage A
Time January 26, 2010 at 5:18 am

I don’t know why you would want to go on the internet and possible talk to some one located in India or another foreign country to take your application and give you a guess as to what you might be approved for. Most of these online mortgage brokers out source their inbound calls to of shore agencies.
Then the very thing you are attempting to avoid happen, You call one number that outsource the calls to several brokers that pay for the call. So you are not gonna avoid what you are attempting to do if you select an online mortgage banker as some are not even mortgage brokers they simply take the call. Once you have agreed to give up a little information you are then passed to a broker that has paid for your number.
If this mortgage broker can not please you, then the next day your telephone number and possible name is sold to another mortgage broker for a little less than the first day broker. You could stay in the system for 10-20 days or more.
The best possible thing for you to do is contact a local mortgage broker that understand the local markets to get you a pre-approval if you are serious about purchasing a house. If you are not yet ready this purchase a property then you might ask to get pre-qualified.
Before you make contact with a local mortgage consultant you would need to provide them with evidence of employment, bank statements a couple of w-2 and federal income taxes. There are other things needed but the loan consultant will let you know what else is necessary. They will then obtain a credit report to evaluate your qualifications to purchase a home.
This way only one person will know your name and telephone number but will be able to better serve you in the event you are really serious or become serious once you have applied.
I hope this has been of some benefit to you, good luck.
“FIGHT ON”

Comment from loanmast
Time January 26, 2010 at 9:29 am

Try using the calculator on this website along with all the information therein. If you think you can afford a home, then contact a loan officer of your choice. They will tell you exactly what your buying power is that is, how much you can afford. Your next step will be to contact a Realtor in your area to show you the homes in your price range.
Here is the website theHomesteadGallery.com.