By Briana Frazier
Here’s what I think about Online Mortgage Lenders
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t’s a digital world, and everything is running digital. Gone are the traditional days of indefinite bank trips to fill a bundle of paperwork. Getting a mortgage loan nowadays is at the comfort of your location at any time. Borrowers can easily browse rates, fill applications forms, and be pre-approved by just uploading their details and documents. This is enabled by online mortgage lenders who have totally changed the buying or refinancing home processes. Although located in different counties in California, Whittier and La Habra’s real estate trends indicate a rise in home prices year over year. La Habra home median listing prices trended up 9.5 percent while Whittier increased by 6.6 percent. The median home sale prices increased by 2.74 percent and 3.54 percent respectively. WWW.THEPOWERISNOW.COM
WHY PREFER ONLINE OVER TRADITIONAL MORTGAGE LENDERS CONVENIENCE Online lenders can offer you loans from anywhere and at any time as long as it is convenient for you. All you need to upload your information in a portal. No need for tiresome office appointments, collection, and printing of stuck documents. Also, online lenders provide borrowers with informative resources to help them understand the market and economy in just a call or text away. QUICK AND SIMPLE With online mortgage lenders, there’s no long wait to hear back on the status of your loan. Borrowers can access their loan information from their portals. Check the loan status, modify the loan pre-approval letter, or even adjust the loan terms that are suitable for them. All this happens in less time making the home buying process quick, easier, and efficient. TRANSPARENCY Online mortgage lenders show and elaborate to buyers the mortgage rates they are qualified for. They explain to them
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