Type of Service:

Select Service... Home Purchase Home Refinance Equity Line

Type of Property:

Select Property Type... Single Family Multi-Family Condo Townhome Mobile Home

Your Credit Rating:

Select Credit Rating... Excellent Good Fair Poor

Who are Mortgage Loan Professionals?

Mortgage Loan Professionals is a free referral service for people in the market for a home mortgage. We match our customers with regional, local, and national mortgage loan professionals who can meet their needs. We partner with many mortgage loan professionals across the country, which is the inspiration behind our name.

How do I get a quote on a loan with Mortgage Loan Professionals?

Applying for a quote on a mortgage with our site is easy. Just click "apply now" wherever you see it on our site to fill out our short, free application. For filling out our application, we will supply you with a minimum of four quotes on home loans from our vast network of mortgage loan professionals. You will see these competitive quotes side-by-side to help you with your comparison shopping. These quotes are completely obligation- and cost-free.

What types of mortgages do you offer?

Mortgage Loan Professionals offers all of the main types of mortgages, including fixed-rate, adjustable-rate, refinancing, and interest-only mortgages. One of the many advantages of our vast network of lenders is that, no matter what your needs, we can match you with a lender who can meet them.

Should I go with an adjustable-rate or fixed-rate mortgage?

An adjustable-rate mortgage is a good idea if you expect interest rates to decline, if you would like lower initial payments, and if you are comfortable with payment fluctuations. A fixed-rate mortgage is a good idea if interest rates are on the rise, if you would like consistent monthly payments and interest rates, and if current interest rates are low. Adjustable-rate mortgages offer lower initial payments than fixed-rate mortgages, but these payments become higher once the initial payment period expires (usually after 1-10 years).

How should I compare mortgages?

The best way to compare mortgages is to look at the APR, or annual percentage rate. This is the most inclusive representation of the true cost of a mortgage. Mortgage loan professionals are mandated by law to calculate APRs the same way, so you know that you will be comparing apples to apples. APR takes into account interest rates in addition to all other fees and charges. It is the best way to judge your true annual cost of borrowing. Make sure you read the next page to make sure you are ready to buy a home.