Testimonials

"The residential mortgage industry is a very competitive market. As a commercial banker I know that a residential loan is viewed a commodity in the marketplace. The only variables are price and service, but at the end of the day a mortgage is just a mortgage.

Over the years I have worked with many residential brokers that have offered various levels of service. Their level of professionalism directly reflects on my name. When my clients are looking for a fast, easy solution to purchase or refinance a home, I send them to 800775LOAN.com. It is the nontraditional approach to the mortgage lending market that makes them the simplest solution. My borrowers fill out an online application, at their leisure, and then the request is followed up with a phone call from a knowledgeable professional for any other issues. It is really that easy.

The service has been outstanding and my clients thank me. I would tend to think that this level of service comes at a cost, but the rates are extremely competitive and they have been able to find financing for the toughest borrowers. There proprietary model not only streamlines the application process, but it solves many of the inefficiencies in the marketplace. There business will be the wave of the future in residential lending and it makes my job easier, knowing that I can make one phone call to fill any of my client's residential mortgage needs."

- Ryan F
VP of Fortune 500 Business Bank

* * * * *

More Testimonials

 

 

 

Waiting for the Right Rate?

Get mortgage rates delivered to your inbox.
No Spam Guaranteed

 
 

Search in Your Area

Search Mortgage Lenders

Search Mortgage Rates

 
Bi-weekly Mortgage Calculator

Bi-weekly Mortgage Calculator

Bi-weekly Mortgage Calculator

This calculator shows you possible savings by using an accelerated bi-weekly mortgage payment. Bi-weekly payments accelerate your mortgage payoff by paying 1/2 of your normal monthly payment every two weeks. By the end of each year, you will have paid the equivalent of 13 monthly payments instead of 12. This simple technique can shave years off your mortgage and save you thousands of dollars in interest. Click on the "View Report" button to see your savings!

Bi-weekly Mortgage Calculator
View Calculator

Definitions

Accelerated weekly and bi-weekly payments

Accelerated weekly and accelerated bi-weekly payment options are calculated by taking a monthly payment schedule and assuming there are only four weeks in a month. We calculate an accelerated bi-weekly payment, for example, by taking your normal monthly payment and dividing it by two. Since you would pay 26 bi-weekly payments, by the end of a year you would have paid the equivalent of one extra monthly payment. This additional amount accelerates your loan payoff by going directly against your loan's principal. The effect can save you thousands of dollars in interest and take years off of your mortgage.

The accelerated weekly payment is calculated by dividing your monthly payment by four. You would then make 52 weekly payments. Just like the accelerated bi-weekly payments, you are in effect paying an additional monthly payment each year.

Mortgage amount

The total dollar amount for this mortgage.

Interest rate

The interest rate on this mortgage.

Mortgage term

The number of years over which you would repay this loan if you made your normal monthly payment. The most common terms for mortgages are 15 years and 30 years.

Get a Fast, Free, No Obligation Mortgage Rate Quote

?
Purchase Price
?
Loan Amount
?
?
?
Get Rates  

256-bit secure data connection. We value your security. Read our privacy policy.

 

 

Over $1.5 Billion Funded

BBB Rating A Secured
 

 

 

Mortgage Rates by State

Please select your state to view our lowest available Current Mortgage Rates.

 
 

Ask a Question

Leave this field empty
 
 

Join CraterTeam.com

Are you a Real Estate professional or Lender? Get yourself listed on CraterTeam.com for FREE.

Join Now
 
 

We Care

We Support Charities A portion of all proceeds earned by CraterTeam.com will be donated to charitable organizations.

View List of Charities Supported

 
Private and SecureBBBBBB A+ RatingEqual Housing OpportunityCMPSFHA