(PRWEB) December 3, 2004
Mortgage Helpers, http://www.mortgagehelpers.org is an online mortgage service that has dubbed itself Âyour no cost mortgage solutionÂ. Providing individuals from all across the United States with a simple to navigate website, Mortgage Helpers allows visitors to select a loan type that interests them. Through the Mortgage Helpers Âhome loan networkÂ, the website will then put those visitors in contact with a Âpersonal loan specialistÂ that will work directly with them, tailoring a loan to their individualized needs.
Alex Southern, Director of Marketing for Mortgage Helpers commented: ÂMortgage Helpers holds tremendous value for those researching loan options because its focus does not rest solely upon the major metropolitan areas, such as Detroit, New York, or Los Angeles. We do cater to those areas, but at the same time pride ourselves on offering tremendous rates and services to those living in less populated areas, who may not have multiple loan options readily available to them. Mortgage Helpers is truly out to empower the Âlittle guyÂ, enabling them to take advantage of the best rates in the nation. Remember, anyone out there can give you a quote, especially in todayÂs internet-savvy society. What we provide you with is a loan solutionÂ.
Online mortgage lending continues to grow year-after-year, even long after the much publicized ÂburstÂ of the dot com bubble. According to Michael Pastore and the Towergroup research corporation, by 2005 the internet will account for over twelve percent of total US mortgages. In other words, more than one out of every ten people will obtain a loan through an online mortgage lender. While researching loan options online is by no means a new concept, networks (like the Home Loan network of Mortgage Helpers), provide those shopping for loans with a loan specialist that has instant access to over 250 lenders. This eliminates the bias associated with typical online mortgage lenders as the specialist does not benefit more or less depending upon which lender they work with. Their only priority is the right oneÂ finding the best rate for the consumer.
Perhaps itÂs not so difficult to see why online mortgage lending continues to flourish while other industries falter in the online marketplace. First off, online applications mean less paperwork, and thus take up less time. The initial online loan application typically takes about sixty seconds to complete. Also, those who live in rural areas commonly experience the service of a local lender who has no local competition to worry about. However, once online lending is readily available to them, that same local lender must now compete with aggressively-priced loan packages from nationally recognized lenders. What does this mean for the consumer? It means that everyone is being held accountable to provide the best rates. Combine all of this with the flexibility of choosing from hundreds of the top lenders in the US, and itÂs easy to see why online lending will continue to grow well into 2005 and beyond.
About Mortgage Helpers Home Loan Network:
Mortgage Helpers home loan network is a combination of the top lenders in the nation. By working directly with well over 250 lending institutions, gone are the days of crossing your fingers and hoping for the best loan rate. An online mortgage application takes less than a minute to complete, and puts a personal loan assistant in motion, working to develop a personalized loan package for the consumer.
About Mortgage Helpers:
Mortgage Helpers is a privately held business headquartered in Grand Rapids, Michigan, that offers loan recommendations and referrals. Mortgage Helpers has agents specializing in Home Purchase Loans, Refinancing, Debt Consolidation Loans, Home Equity Loans, as well as loans for Investment Properties and Commercial Loans. Mortgage Helpers is located at http://www.mortgagehelpers.org