Top-rated Home Loan Products
The process at E-loan is unlike any other online mortgage. They actually process and underwrite the loan application, in-house. E-loan brokers and provides home loan choices. Successfully, this site has streamlined the financing process by eliminating the lender fees. They offer upfront mortgage and loan products without hidden fees. The process guarantees efficiency and speed for the following loan products:

Mortgage Purchase Mortgage Refinance Home Equity Loans Unsecured Personal Loans Credit Card Debt Consolidation Poor Credit Loans

Advantages of service:
There are numerous benefits with using E-Loan.

• Save more money – hundreds can be saved because there are not any hefty commissions involved and miscellaneous lender fees
• Streamlined process – quick approval process and no delays
• Personalize customer support – You are assigned a personal loan consultant

Disadvantages of service
If you are looking for a complex lending solution, E-loan only specializes in straightforward loans. There was one inconsistency with E-loan's products in their service agreement. For example, E-loan promises that there are not any lender fees associated with their loans; however, they have a disclaimer that states your loan may still have third-party fees. (Lender fees are services rendered by the lender; i.e., origination, application, administration, processing, underwriting, and funding fees.) E-loan contends that they do not have control over the third party fees.

The way E-loan works
Obtaining a loan with E-Loan is a seven-step process. The loan shopper can compare loans, rates and fees. Next, the application process begins. In nearly four minutes, you can be approved and order your appraisal. E-LOAN reduces documentation requirements by using automated underwriting systems that enable rapid closings. The nicest feature with their service is that you can track rates and prices twenty-four hours a day to lock in your rate. Then E-Loan will confirm and guarantee your closing costs. In the interim, they will underwrite your final loan details. The convenience is that you can choose a location for your mortgage closing.

Corporate Information about E-Loan
E-loan is a reputable leader in the mortgage industry. On the NASDAQ national market under the symbol EELN, it has delivered eight consecutive profitable quarters through the third quarter of 2003. E-loan has sold over $17.8 billion in consumer loans.

Special features:

• $500 Rebate for late closing date
• Flexibility and control
• Track rates, fees and the progress of your loan through their e-track account
• Loan guarantee to match or beat competing offers.

Debt Consolidation
For non-homeowners and homeowners, E-loans debt consolidations products are somewhat limited. (E-Loan vends out their consolidation services.)

Credit Cards
The site offers a variety of credit options and deals. If you have exceptional to challenged credit, E-Loan has a credit card for every situation. Business, unsecured, rewards, or you name it, the site has credit cards in just about every flavor.

Loan Products: Mortgages Purchases and Refinances
The redeeming quality about E-Loan is that their loan consultants are not paid commissions; therefore, the loans are not biased. Moreover, they explain all hidden fees.