TILReport.com does exactly this. The website is www.tilreport.com and it generates a personalized report in which the homeowner can easily educate themselves about their loan situation and empower themselves to make the choice of lender they would like to go with while ensuring they get the best deal versus having a broker dictate your mortgage future. The report reveals lowest qualifying rates with up to 40 different banks directly to the homeowner, lowest closing fees they are required to pay, and other insightful credit, equity and debt analysis that makes the loan process easy to understand for the average homeowner. Every qualification guideline is checked through the innovative backend system that has been generated and linked with electronic data from each of bank in TILReport’s network to reveal what rates the homeowner truly qualifies for. All rates reported are up to the second and TILReport allows you to update rates on your report as a member anytime.
If every homeowner ordered their personalized TILReport prior to purchasing or refinancing, it would ensure no poor loans are written and avoid another financial crisis. Imagine having this system 5 years ago when the mortgage boom began! It could’ve now kept millions of people out of foreclosure. TILReport is empowering homeowners to order their TILReport and follow their mission statement: to shift the balance of power from banks to homeowners. TILReport is not a lender or broker seeking to complete your loan. They are a legitimate service based company providing assistance to homeowners. A broker/banker always has an incentive to make money even if you shop around for the best deal; therefore you still get charged junk fees and possibly receive higher rates than you truly qualify for so the brokers can earn their commissions. Ordering your TILReport will help you eliminate that. They will present you the best terms you qualify for and empower you to choose the best lender for yourself with all the information present in your TILReport. It will help you avoid the time in shopping for a loan, harassing calls from telemarketers, and from having your personal information sold to different brokers or banks.
Now, each and every homeowner in the United States can ultimately help regulate/eliminate deceptive loan practices by ordering their TILReport. Visit www.tilreport.com or call (888) 845-7376 for information.
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TILReport generates a personalized report revealing lowest mortgage rates to people with no incentive to the broker. This empowers homeowners to make educated decisions about their home loans and ensures they get the best deals.