Question by followingmybliss: Are there REPUTABLE LENDERS who will refinance our mortgage via the internet?
We want to refinance our commercial building mortgage and want to find reputable lenders who will work via the internet.
We have a high credit score.
Is there a list somewhere?
Since I asked this, I have found internet lending companies like Quicken Loans, HFA, The Money Store, Countrywide, American Home Mortgage, Washington Mutual. Anybody used any of these, have an opinion of any, or know of others you like?
Answer by kemperk
In my professional opinion, no one in the US is permitted to have an internet only
lending business. why? because of the law of security and many others.
Lenders need to store $ .
Know better? Leave your own answer in the comments!
Kempert is correct. All of these companies and every single other lending facility will start the lending process over the internet or phone but you are not allowed to use things like electronic signatures with loan docs. The final signing of the loan will be in person.