downtown San Diego real estate   mls listing  

San Diego downtown real estate broker

Bob Schwartz, CRS, GRI 

Certified Residential Specialist



San Diego, California 92101

Telephone - Cell:
(619) 300-8819

(619) 229-0048

Copyright © 2006 by
All rights reserved.

Promotions Unlimited

search engine optimization

You may reproduce materials available at this site for your own personal use and for non-commercial distribution. All copies must include this copyright statement.


Verifying Mortgage Rates Online

Homeowners who are planning to re-finance their home might realize the Internet to be a really sensible resource. The Internet is advantageous because it can give the homeowner a wealth of information as well as the capability to compare various rates from unique lenders at their convenience. While these choices have made re-financing a more convenient procedure there is more potential for danger. However, homeowners who use a small amount of common sense in utilizing the Internet for re-financing often realize they are not at any additional risk.

Comparison Shop at Your Convenience

One of the most popular profits to researching re-financing online is the capability to comparison shop at the homeowner’s convenience. This is important because many homeowners work long hours and often realize they are not able to meet with lenders during average business hours because of job limits. The Internet, however, is open 24 hours a day and permits homeowners to investigate their choices, make necessary calculations or receive online quotes at any time of the day through the use of automated systems.

Homeowners can also take their time comparing the quotes they acquire from these lenders online instead of feeling pressured to provide an immediate reply. While homeowners may have some extra time available to them, these same homeowners should discover they do need to act relatively quickly to lock in estimates they acquire as interest rates are often time sensitive in nature and cannot be guaranteed for long periods of time.

Use Only Reliable Resources

Homeowners who are employing the Internet to explore re-financing choices and get quotes should carefully measure their sources when making crucial decisions regarding the topic of re-financing. Homeowners who stick with well known lenders and established websites will not likely encounter troubles but those who choose a new lender may be surprised by the results of the re-financing attempt.

Homeowners who are unsure about the dependability of a particular resource or lender should do additional research on the company. One of the easiest ways to do this is to consult the Better Business Bureau (BBB). The BBB may be able to supply the homeowner with useful information regarding the number of previous complaints against the company. A company who has a large number of unresolved complaints should be considered an unreliable company. However, homeowners should not significant number of complaints are reputable unless the company has been in existence for a number of years and is a member of the BBB.

Homeowners should also take care not to be duped by fancy web design. A website which seems very professional is not necessarily a website which is accurate and informative. Many able website designers can produce websites which are both attractive and professional appearing. These website designers can also optimize a website for specific mortgage related keywords so users find the page easily when looking for these terms but this does not necessarily make the website designer knowledgeable about the topic of re-financing.

Confirm Loan Terms in Person before Committing

While shopping for re-financing options online is surely simple and convenient, homeowners should contemplate completing the application procedure either in person or over the phone instead of relying on an automated system. While the Internet is good for research purposes, homeowners can take advantage of face to face meetings or telephone conferences to ask all of their pertinent questions. Asking all of these questions will help the homeowner to ensure he can fully learn the loan terms as well as all of his available choices.

Completing the re-financing procedure in person or over the phone can also stop the homeowner from being surprised by any factors of the mortgage re-finance. This may include additional fees which are tacked on during the processing of the application, rates which are only available in particular situations or other elements of the re-financing agreement which could significantly impact the homeowner’s decision making procedure.


Back to San Diego downtown real estate article index

San Diego downtown real estate broker