    
Top-rated For Diverse Mortgage Options
LoanApp won rave reviews for their mortgage affiliations with diverse
lending institutions. From the largest lender to the smallest mortgage
broker, LoanApp is connected with the industry’s leaders.
For the homeowner, you can compare interest rates and services.
LoanApp’s loan menu includes the following:
- Mortgage Refinance
- Purchase
- Home Equity Loan
- Debt Consolidation
- Auto Financing
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LoanApp is convenient because it is free to the loan shopper. A
few of the LoanApp network includes Citibank, Provident Bank, First
Metropolitan, American Residential, First Nationwide Mortgage Funding,
American Home Loans, Centex, Chase Home Funding, Quickenloans, Manhattan
Mortgage, and Pacific Guarantee.
Advantages of service:
- Free service
- Diversified Funding Institutions
- Fast response 24-48 hours
The technology of LoanApp.com exceeds other loan sites. The parent
company of LoanApp, Myers specializes in web hosting, lead generation
and back office solutions. The integration of their security transmits
all data securely between browsers and servers.
Disadvantages of service
There are two disadvantages with LoanApp. Firstly, because the
site is paid by lenders who participate, the quotes are potentially
biased. Additionally, in certain cities and zip codes, LoanApp’s
coverage is limited.
The way LoanApp works
Similar to other loan sites, LoanApp requires that you fill out
a form. Most shoppers opt for completing their short form versus
the detailed form. Then LoanApp submits your loan to the participating
lenders. In the interim, you are contacted by various brokers. The
quotes are no obligation.
Corporate Information about LoanApp
LoanApp is owned by Myers Internet, Inc, a Delaware corporation.
Based in San Jose, California, it was fonded in 1995. There are
satellite offices in Santa Ana, California and Colorado Springs,
Colorado. The company has a good reputation because it was ranked
as one of the fastest growing companies in Silicon Valley.
Special features:
- Secure and convenient shopping
- Four lenders competing for your business
- Application choice – long or short form
Debt Consolidation
(Non-Homeowners – Debt Consolidation) Although LoanApp offers
three different debt-consolidating programs, we found some of the
loan products impartial. For instance, if you want to refinance
your car LoanApp only offers one company provider. It was the same
way with the personal and student loans; however, their networks
of financial institutions are very prominent.
(Homeowner – Debt Consolidation)
Regarding debt consolidation
products for homeowners, LoanApp has an ample supply of financial
institutions.
Credit Cards
LoanApp does not offer credit cards.
Loan Products: Mortgages, Purchases, and Home Improvements
With a diverse group of mortgage brokers competing for your business,
you cannot go wrong with LoanApp. The best way to use the site to
your advantage is to be a smart shopper and negotiate your terms.
If you are looking for a personal, auto or student loan, you may
consider another site.
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