Finding a company to offer you a mortgage is something that’s a lot tougher today than it was a decade ago. While a lot of this has to do with the recent housing collapse, the bigger issue that most people are unaware of is that most of the lenders out there are actually offering the same packages. Most of today’s companies are tied in together through federal means, through giant banks, or just through a system or parity where company X barely deviates from company Y other than the way they advertise.
So, when you’re trying to figure out which among the companies is actually the best home mortgage company, what exactly do you look for? After all, if every soda machine you found was selling you Pepsi, how would you determine which carried the best Pepsi?
That’s more of a trick question. You wouldn’t determine it based on the Pepsi (the package itself in this context), but instead you would find one offering the product for a lesser price. You would find a better machine that was quicker to use. And this is how you should go about deducing the best mortgage company out there.
Using this context, what we’re looking for is a home mortgage company that’s easy to use, that carries a wide range of options, that offers you a home mortgage calculator and offers you free information—and puts it forth willingly—and that is well received by people who use the service. The package won’t vary that much, but the means and method will.
So, by using this standard of judgment, one name that keeps jumping out all over is Lending Tree. This mortgage company is simply easier to use, caters to a wide range of applicants, including VA applicants, has some of the lowest rates in the industry, and offers up a ton of information on lending in general.