Big Blue Turtle Holdings Launches as Answer for Subprime Borrowers

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Big Blue Turtle Holdings launches new business unit and website aimed at helping both prime and subprime borrowers find better mortgage programs and better mortgage rates. The website will contain mortgage based content helpful to borrowers as well as featured videos highlighting the week's news and notes. The new website will allow users to get matched with the top lenders in the marketplace as well as ask questions about their current fixed rate or adjustable rate mortgage.

Big Blue Turtle Holdings understands the need to help borrowers who are looking to refinance. Today, one of their units, a small mortgage specialist firm is offering a new solution to solve many of the borrowers problems. They will offer both prime and subprime borrowers some in-depth advice and a few different options to get better rates and even have the chance to retain their homes if they are in foreclosure. The website will also contain very important mortgage content as well video segments carrying the news and notes within the marketplace.

The company, Big Blue Mortgage, which is a unit of Big Blue Turtle Holdings, has recently developed an interesting concept -- give the subprime borrowers different choices when they refinance. By explaining the programs in detail, this allows a clearer picture for the borrower to comprehend. Unlike other firms, they are not a broker or a lender, even though they have numerous lending resources they will provide to the borrowers at no cost. They don't get paid a fee from any borrower and they don't charge any origination fee or points.

The way it works is pretty simple, when the borrower arrives at the website they can both call an account representative directly (Toll Free: 1-877-258-3895) and ask questions that will develop into a scenario build, or they can submit their scenario via the website's quick form and see what direct lenders can try and help them. Unlike some of their competition, Big Blue Mortgage listens to their clients needs and understands what the right direction can mean for the clients moving forward.

One of the benefits to using is that the borrowers information is secure, they will never ask for the social security number and will never run a credit check, even though the lenders may eventually run the credit. When asked about how the concept will fair based on recent market conditions, CEO Matt Schilling said, "We are changing the face of the mortgage industry for the better", he went on to say "It's time for the industry to understand that there is hope out there for the subprime borrowers who are in ARMs and facing foreclosure."

About The Company, a unit of Big Blue Turtle Holdings, is a mortgage specialist firm assisting everyday borrowers with the help they may need regarding their mortgage or home equity loan. The company focuss on all types of borrowers and will assist with any type of home loan product or question. In most cases they will direct a borrower to a lending resource that will then create the terms and conditions for such a loan.

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