Glendale, CA (PRWEB) June 21, 2006
VisionQwest Resource Group, Inc. (http://www.vqrginc.com), a outsourcing firm with corporate offices in Glendale, CA and outsourcing offices in Makati City, Philippines, announced this week that they have launched a new web site - BestRates4U.com. The new web site is designed to first educate borrowers on the mortgage process and secondly provide a Customer Service Agent to help them through the process of filing out a 1003 HUD application form.
A Mortgage Information Zone is provided to click icons to read about how the loan process works, from start to finish. The Mortgage Information Zone provides information on The Loan Process, Types of Mortgages, various Affordable Housing Programs, information on Bad Credit Home Loans, Home Ownership & Loan Strategies and questions you should ask Before You Buy. A full-length on-line video is also provided that the borrower can watch, it explains the entire process and all the steps that are involved in doing their home loan. Education is the key at BestRates4u.com to make the borrower knowledgeable on what to expect to get a home loan of any kind.
The biggest and scary aspect of applying for a new loan, and in which very few on-line loan officers help their borrowers with, is filling out the application forms needed to apply for a new loan – the official 1003 HUD form. Once the borrower goes on-line at BestRates4U.com they have two options of filling out a “Quick Help” form or a “Full Mortgage Application”. If they choose “Quick Help” they are able to ask for help from a BestRates4U.com Customer Service Agent who will call then and fill out the 1003 with them over the phone, making sure all details are covered. Once the 1003 form has been filled out and is complete, they will receive the 1003 form via a PDF printable file or an up-loadable Point file for their Loan Officer by e-mail. The 1003 form is available in a PDF printable format or a data file that a Loan Officer can upload into Point mortgage processing software. If they do not have a loan officer the BestRates4U.com Customer Service Agent will assign them a loan officer on the site network. There is no charge to the borrower for the Customer Service Agent to help them through the process.
BestRates4U.com is not acting as a lender or a broker. The information provided by the borrower to BestRates4U is not an application for credit or a mortgage loan and the information will not be used to pre-qualify the borrower with any lender.
BestRates4U will not check the borrowers credit history, however a BestRates4U Customer Service Agent may call the borrower at their request and verify the information the borrower has provided to better help their Loan Officer or Loan Officers on our network.
If the borrower is contacted by a lender or broker within our network that lender or broker may provide a rate quote based on property location, credit score, loan-to-value ratio, debt-to-income ratio, and other factors. BestRates4U does not distribute the products of all lenders or brokers in the marketplace and therefore cannot guarantee the lowest price or best terms available in the market. However, we can help the borrower understand the process and help them out with the beginning process of obtaining a home loan though a good organized 1003-loan application.
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