Because we target specific lenders and investors. We deliver only high grade, well secured loans. Because of this selection criteria, we cannot accept all of the mortgage inquiries that are sent to us.
If we are unable to accept your loan, we will do our best to help you find another company that may be able to help.
Please fill out a secure application, by starting here. Once you've filled out the secure online application, we will mail you the forms for your signature(s) and attachments. All information sent on the electronic application is encrypted, and your information will remain strictly confidential.
If Loanlane represents you in a mortgage transaction, your paperwork will remain with us for three years, after which it will be shredded.
We contact you to verify receipt of your application, and determine th best way to proceed. Most of the contact is done through email, but we will telephone you if the situation warrants closer communication.
Rates are posted daily on the quotes page. You may also contact us at 650-321-7027 and speak with a licensed mortgage broker, who can quote rates other than those posted on the quote server, as well as provide market advice.
Send email to us and we will lock in your rate. Important: Rate locks are generally accepted each business day between the hours of 10:00 AM and 9:00 PM. Mortgage applicants may telephone us if they do not have access to email. Loanlane will endeavor to lock your rate as quickly as possible, but cannot guarantee the rate until we have a confirmation from the lender. Confirmations usually within minutes. For more information on locking a rate, check our
lock policy.
This depends on market conditions. Loanlane has contractual arrangements with lenders to deliver and close loans based on the locked-in rate. Our contract does not allow for the renegotiation of your rate unless rates have improved significantly since the time of your lock.
This will be disclosed after your loan has been submitted and put into process. Loanlane is not allowed to publicly disclose lender names because these lenders also operate retail loan outlets.
Yes. Many applicants choose to apply and have their refinance loans approved. The applicant then waits for mortgage rates to hit a specific price point, and proceeds with the loan closing.
Yes. If you are home shopping, you can apply and be approved for a mortgage loan before you've found your home, and make your purchase offer from a position of strength.
We have two summary pages dealing with insurance. Mortgage insurance, which protects the lender, is required for loan that exceed 80% of the value of the home. To read about mortgage insurance, go here.
Homeowners insurance protects both you and the lender against property loss . To read about homeowners insurance, go here.
Homeowners looking to obtain a flood insurance quote can gain valuable information from America's Flood Services, Inc. Remember to ask your flood insurer if an elevation certificate could be used to reduce the amount of the annual premium.
The U. S. Treasury maintains a thorough web site, with links to various aspects of the tax code.
Homebuyers often ask if they can deduct their loan points (both origination points and discount points). For guidance on this issue, see Publication 936. You are strongly advised to match your year-end mortgage interest statement against your own records to determine if the appropriate amount of mortgage interest was reported by the lender. Certain lenders have been known to report only discount points paid, but not origination points paid, on the year-end Mortgage Interest Statement Form 1098. See our page dealing with loan points for more information
Homeowners often ask how much of their mortgage interest is deductible. For information on home mortgage interest, and limitation on deductability, see Publication 936
Privacy is one of our top priorities. This site uses encryption software developed to safeguard data while it is in transit from your computer to our computer. Once received by us, all of your personal data is kept private, except for that which is required to process your loan. The only parties who have access to your data are those who have a direct involvement in the creation of your loan file. This includes: credit reporting companies, lenders, and escrow agents. To read more about our privacy policy go here.
Credit reports are not perfect. Many contain errors, and unfortunately the burden is on you the consumer to prove the information is incorrect. For instruction on how to do this go here.
Equal Housing
Lender. Copyright 2009 Mark Leaver. All rights reserved.
Terms
and Conditions of Use.
Read our
privacy statement. CA Department of Real Estate,
real estate broker, license 01006840. Rates appearing on the Loanlane web site are subject to change and are intended for California owner occupied single family residences only. First position liens only. The information contained herein is believed to be reliable.
However, we do not make any representations as to its accuracy or completeness.
Any statements nonfactual in nature constitute only current opinions, which
are subject to change. Mortgage rates are subject to change without notice. Mortgage rates posted on this web site apply to applicants with a minimum FICO score of 720 or a loan-to-value ratio less than 60%, and require documented income to comply with underwriting requirements. Stock quotes, if displayed, are delayed 20 minutes. Stock quote data and market index information is provided for information purposes only, and is not intended for trading purposes. Loanlane is not liable for any errors or delays in the content, or for any actions taken in reliance thereon.
