Aug 13 2017

E-Loan – Online Mortgage Information and Lender Directory #how #to #get #a #loan #with #no



E-LOAN offers a full range of home mortgage loans including home equity loans , fixed rate mortgages. adjustable rate mortgages (ARM). and refinance mortgages. E-Loan also prides itself on allowing customer so search for the best loan with just one click. This has given mortgage seekers a powerful tool to help them understand, select and them manage their home mortgage loans.

Benefits of E-Loan

The company relentlessly advocates eliminating the unnecessary processes, fees, hassle, haggle and lack of transparency traditionally associated with the consumer loan experience. Protecting consumers financial privacy is a paramount concern, prompting E-LOAN to implement industry leading privacy practices and advocate strong consumer financial privacy protection laws.

E-Loan Mortgage Loan Options

While E-Loan does offer conventional purchase financing, it s best products are it s home equity loans and home equity credit lines (HELOC). The E-Loan website features it s pay-option ARM. a program that allows the client to pay either just the interest, the fully indexed payment, or anything in between, each month, allowing for fluctuations in income that happen from time to time.

E-Loan lends throughout the United States, using its website as its main point of contact. Unlike most mortgage lenders, there are live people available to answer questions on weekends and in the evening when clients are likely to have down-time available. Their website features links to various forms of contact, as well as application forms, information about their security and privacy features, as well as general product information.

In addition to fixed-rate and adjustable-rate mortgage loans. including 80/20 combinations, E-Loan also offers small consumer, or “signature” loans (loans that are not secured by property), and auto loans.

The average E-Loan client has excellent credit (FICO score), and is technologically savvy, as well as being reasonably familiar with the lending industry, and typical policies and procedures.

Before you choose the right loan for you, it might be wise to understand all your options. Some other loans you might want to be familiar with include interest only loans. LIBOR Mortgages. Cash Out loans, Second Mortgage loans and Reverse Mortgages .

E-Loan lends throughout the United States, and is subject to the laws of the state in which specific property is located. Since inception through September 2004, E-LOAN has originated and sold over $22.8 billion in consumer loans. One of the largest in the business.

This site is not a broker and does not collect or solicit mortgage applications. Content is for informational or comparison purposes only. Services are not available in New York. Products and services may not be available in all other states.

Written by admin

Leave a Reply

Your email address will not be published. Required fields are marked *