How Do We Get A Mortgage Today? Like many other young people out there today, I met a girl, fell in love and have a family. Moreover, I need more space and must find a mortgage to afford the house of my dreams.
Today’s Technology World
Knowing that 2022 is the year of technology and that the 5G internet is upon us, I think to myself, how can I use technology to find a mortgage? So I do a Google search as the simpleton I am on using the internet to find a mortgage and the first site I come upon is Better Mortgage. This company seems pretty cool and will give me a 1% discount if I used a “Better Realtor” to find my home. Better Mortgage seems like a great potential option. Pretty website. Nice and easy to use user interface. However, they do seem to have a number of negative reviews on paperwork issues. However, nobody is perfect and their overall rating is an excellent 4.7.
Then I come across Quicken Loans & Rocket Mortgage!
I know a little about these guys as a sports fan. Since the owner of this company is a famous sports figure, Dan Gilbert. Gilbert owns a number of sports franchises, including the American Hockey League’s Cleveland Monsters, and the NBA G League’s Cleveland Charge. Furthermore, Gilbert operates the Rocket Mortgage FieldHouse in Cleveland, Ohio, the home for the Cavaliers and Monsters.
Comparisons!
Like the nerdy tech boy I am I want a comparison of offerings, I want my Kayak.com for mortgages so I go to NerdWallet, an awesome fintech website for a number of financial products. There I see Quicken and Better plus another firm, I’ve never heard of New American. Furthermore, little disappointed with NerdWallet here actually. So I kind of want to try the old school method. Of course many retirees are not tech savvy. And as a result want a trusted firm to be considered when they need one of the proprietary reverse mortgage lenders out there!
Old School Method Of Getting A Loan
I call my best friend of 20 years who is a real estate broker and say, hey, what is the best way to get a mortgage? In conclusion, her response is to go to the bank I have been working with all of my life. The bank where I keep the bulk of my money and often they will match any rate found online! So lastly, I learn at the end of the day the best rates are available everywhere, its about the lender you want to work with!
