What are the advantages of using an on-line lender?

If you're looking for a mortgage it may be tempting to pick up the phone book or to visit your local bank, after all that's how people have done it forever. Before you do - check out some of the advantages of shopping on-line for a mortgage.

Rates and fees are lower.

Typically, MDRmtg.com offers rates that are 1/8% to 1/4% lower than traditional lenders. This is a real monthly interest cost savings that could easily add up to $1000 in the first few years of your loan. How is this possible? Generally, MDRmtg.com doesn't have to pay a commissioned loan originator when you complete your application on-line. They can pass this savings on to you by offering lower rates.

Faster, easier comparison shopping.

To get an accurate cost comparison of traditional lenders you need to contact each of them and spend time collecting the appropriate data to decide who has the best mortgage available. That in itself can be pretty time consuming, and to top it off, interest rates can change daily. If you don't get all your quotes the same day you still may not know who has the best rate. We make getting an apples to apples mortgage comparison easier than ever!

Apply at your convenience.

There's no need to make an appointment with a loan officer when you choose MDRmtg.com. You can complete the loan application in the morning or at midnight in the convenience of your own home without any pressure to make a final decision until you are ready!

Personal Assistance whenever you need it.

MDRmtg.com offers personalized support during the entire loan process. At anytime, you can call or e-mail a Loan Advisor who can answer your questions or provide some advice.