Best Reviews TopConsumerReviews.com Best Home Loans Best Reviews
Best Reviews
      January 22, 2019

Home  >  Home Loans  >  Freedom Mortgage vs The Easy Loan Site

Best

Home Loans

  1. Quicken Loans
  2. Smart Quote
  3. Freedom Mortgage
  4. The Easy Loan Site
  5. Lower My Bills

Compare Products

  • Select any 2 companies in our reviews to compare them head-to-head!
  • Compare

Your Information Is Secure
Mortgages: The Complete Guide Newsletter

Latest Reviews

Bunk Beds

Charm Bracelets

Dating Sites

Eczema

Flower Delivery

Fruit Baskets

Guitar Lessons

Hair Loss

Menopause Relief

Online Stock Brokers

Watches

 

Individual Reviews

LendingTree

Quicken Loans

Smart Quote

Freedom Mortgage

The Easy Loan Site

Lower My Bills

 

Our professional reviewers evaluate products and services independently, but Top Consumer Reviews may earn money when you click on the links on our pages. Learn more.

Better Business Bureau Reliability Seal

Freedom Mortgage vs The Easy Loan Site

Best Home Loans

To help you find the Best Home Loans, TopConsumerReviews.com provides you with an in-depth comparison of Freedom Mortgage and The Easy Loan Site.

To see ALL of our reviews for the Best Home Loans, please Click Here

Today, home loan rates and home prices are very favorable to the buyer. Not only can you find a great home at a good price, you can usually borrow money at very affordable rates. And lending companies are once again eager to loan money to well qualified buyers.

A savvy home buyer should take the time to determine which home loan lender has the best home loan rates. Shopping for the right home loan can save you thousands of dollars in interest and mortgage payments. A low home interest rate can also enable you to pay off your home loan years ahead of schedule.

Continue reading below reviews

Best Reviews

2019

Home Loans Reviews

3.5 stars
Freedom Mortgage

FREEDOM MORTGAGE Visit Site

Freedom Mortgage is a New Jersey based company that provides a variety of home loan and refinancing options. In business since 1990, Freedom has helped thousands of customers with their home loan needs and works with customers in all 50 states. Freedom serves as the mortgage originator and loan servicer but also states that they have lending partners.

The application process is pretty straightforward and traditional at Freedom Mortgage.

Inquiry Process:

  • Complete an online request identifying your name, contact information, address history, property details, sources of down payment, tax information, sources of income, employment address, details of assets, a long list of declarations, and ethnicity.
  • A Home Loan Expert calls to verify your credit score and discuss your loan.
  • If approved the loan detail options will be sent via email.

The Freedom website has an extensive list of tools for the home buyer. Identify mortgage rates, the difference between loan types, mortgage calculators, education tools and much more. The website also offers a blog with a plethora of additional articles and details on home loans.

Freedom also offers a pre-qualification process if you have not yet identified the home you wish to buy. The process is similar to that of applying for a loan and the anticipated turn around is typically a few days.

Freedom Mortgage doesn't have all of the bells and whistles of those companies ranked higher. Specifically, the list of potential competitive loan choices are shorter. Freedom is similar to finding a local lender but without the hassle of making an appointment, leaving work and being fixed to bank hours. Freedom does offer a nice variety of loan types and their customer representatives.

Visit Site

2.5 stars
The Easy Loan Site

THE EASY LOAN SITE Visit Site

The Easy Loan Site is a no frills home loan and refinance website that focuses on connecting mortgage shoppers with lenders based on each customers needs. The Easy Loan Site has an A rating from the Better Business Bureau and is Norton secure certified.

Immediately we noticed that the website lacks much of the information and resources we had grown to expect from those companies ranked higher. There are no investment research tools, market analysis or any of the other helpful features we found elsewhere. The main page simply states the company name, advertises the lowest rate available today, and lures potential clients to "lock in now".

There is a simple drop down menu box from which you can select the type of loan you are looking for (new mortgage, refinance, or equity loan) and then it continues to take you through a long list of questions designed to determine which lenders could provide the best deal based on the requirements of the customer.

Inquiry Process:

  • Complete online application with type of loan, amount, credit rating estimate, location, and description of the property
  • See a list of 3-5 potential lenders and their rates, with contact information
  • Receive calls from potential lenders 24+ hours later

The process for filling out the online form is made very simple with the use of this drop down window. In less than a minute we were able to navigate through the various questions and get to a screen that showed us three competing lenders with rates that looked fairly competitive. We were also given notice at that point that we would be contacted by lenders within 24 hours.

Everything worked as it should, but the experience left us a little unimpressed because the site offered so little other than a basic loan search engine. With no research tools or any other information, The Easy Loan Site may be a fine place to look for a mortgage lender but a basic search engine is about all they offer.

Visit Site

Continued from above

Traditionally this involved visiting different banks and lending institutions, filling out paperwork, and waiting for a reply to come in the mail. Using the internet, however, makes this process much easier. With this latest trend in finding a home mortgage, you can easily browse through offers from a variety of lenders in the comfort of your own home. You'll find that online home loan lenders often offer the best home loan rates.

Before you begin your home loan search, you should consider the following:

  • Application process. What is the process of inquiring for a home loan? Can you expect a phone call or does the home loan company offer a more convenient online application process?
  • History. What might you qualify for, given your credit history, size and type of home loan desired? Does the home loan company have a history of effectively and professionally assisting consumers?
  • Number of Lenders. How many lenders does the company work with to find you the best home loan rate? How does this compare?

TopConsumerReviews.com has reviewed and ranked the best Home Loans available today. We hope these reviews help you find the loan that meets your financial needs!

Why these mortgage companies are teaching their LOs to originate reverses

Traditionally, mortgage originators have focused on standard loan products, referring out prospects interested in reverse mortgages to specialists who work only with those loans. But now, as the mortg...

Published:  Mon, 21 Jan 2019 12:33:00 GMT



Czech banks expect weaker mortgage loan demand in Q1 -survey

PRAGUE, Jan 21 (Reuters) - Czech banks expect tighter lending conditions for consumer credit and loan demand, especially for mortgages, to decline further in the first quarter this year, a central ban...

Published:  Mon, 21 Jan 2019 01:36:00 GMT



Unpaid federal workers can sidestep rules to apply for cash-out mortgage refinance

As the partial government shutdown drags on with no end in sight, furloughed federal workers are faced with mounting financial obligations and a variety of relief options. The latest one is cash-out r...

Published:  Fri, 18 Jan 2019 22:23:00 GMT



Remember the subprime mortgage mess $1.2 trillion in risky corporate debt is flashing similar warning signs

Indebted borrowers increasingly take out high-interest, adjustable-rate loans that are packaged into securities and sold to investors eager for a better rate of return. Everything's fine while the eco...

Published:  Sun, 20 Jan 2019 13:00:00 GMT



Can We See Significant Institutional Ownership On The Genworth Mortgage Insurance Australia Limited (ASX:GMA) Share Register

Every investor in Genworth Mortgage Insurance Australia Limited (ASX:GMA) should be aware of the most powerful shareholder groups. Institutions will often hold stock in bigger companies, and we ...

Published:  Sun, 20 Jan 2019 19:21:00 GMT



What is a good interest rate for a 30 year fixed mortgage

Welcome! Whether you are on the hunt for your first home, been down the homebuying path before or you are refinancing, a crucial part of the home financing process is selecting the right lender ...

Published:  Mon, 21 Jan 2019 08:13:00 GMT



Forbes: The Upfront and Ongoing Costs of a Reverse Mortgage

Prospective reverse mortgage borrowers looking to determine if the product is right for them can find a series of new pieces offering information on the upfront costs (origination fee, mortgage insura...

Published:  Mon, 21 Jan 2019 14:22:00 GMT



Share Us!    Share TopConsumerReviews.com on Twitter Share TopConsumerReviews.com on LinkedIn Share TopConsumerReviews.com on Google+ Share TopConsumerReviews.com on Pinterest

Home      About Us      Terms & Conditions      Privacy Policy      Contact Us      Disclosure