SAN DIEGO, June 12, 2013 /PRNewswire-iReach/ -- LoanLove.com is a trusted destination for current news and expert loan advice and seeks to empower homeowners with first-class knowledge, valuable resources, and connections to top-rated industry professionals. LoanLove.com has a mission to help consumers and borrowers alike in obtaining the latest information on mortgage lending trends, the real-estate market and the U.S. financial landscape for the purpose of helping them obtain a home loan they will love. With this in mind the website recently rolled out their own instant rate quote tool that will help borrowers looking for a loan to find the best mortgage rate quote 2013 has to offer.
This new tool is the simplest way for borrowers to find a loan rate quote that fits their needs. The online tool allows the searcher to look through dozens of lenders, each of which offers loan options to fit the borrowers specific mortgage scenario. This can help the borrower to save both time and money since they will not need to call up each individual lender in order to compare mortgage rates; they can simply see all the rates together and sort them according to the lender, annual percentage rate, posted rate, fees in APR and the estimated monthly payment. This makes finding the best rate quote fast and easy.
Potential home buyers can quickly find the best home loan prices and current home owners will be able to get the lowest mortgage refinance rates by providing the mortgage rate calculator with basic information about the loan that they are looking for. By filling out the data fields for the property location, credit score, loan structure desired (30 Year Fixed, 15 Year Fixed, Adjusted Rate Mortgage etc.) as well as the loan amount and the percentage they wish to pay as down payment, they can view loan options from over 20 different Bankrate approved lenders, instantly.
These immediate results mean that home owners can benefit from the most accurate and up to date rate quotes. Often advertisements seen or heard in newspapers or on the radio or television are at least a day old or even more out of date, which means that when the borrower contacts the lender these rates will probably no longer be available. By getting a home loan quote with Loan Love's mortgage rate quote tool, borrower will be certain that the quoted rates are the ones that they will be able to avail of if they apply for the loan.
Visitors to the Loan Love website can also benefit from the other resources and tools available for home owners and home buyers on the site. Aside from the mortgage rate quote tool, the website also offers a number of other mortgage calculators as well as informative and easy to understand articles covering many topics. By reading through these articles, borrowers can find credit repair tips, consumer's guides, tax savings advice, borrower advice, tips on how to find the best interest rates and invaluable information for first time home buyers. For more information and tools designed to help borrowers find loans they will love, and to get a free mortgage rate quote, visit LoanLove.com today.
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