and based on your individual circumstances. (To explain, rates are dependent on several factors that usually vary from loan to loan - chief among them the size of the loan, the applicant(s) credit rating, the type of loan, the term of the loan and the current interest rate market). But, the truth is that we know you're not really concerned with the mechanics, you just want the lowest possible interest rate...and the concept of 'banks competing for your business' sounds like a good idea, right? That is until you find out that what you thought was a big online lender is actually selling your personal information to smaller companies you probably never heard of. (Very few real banks actually purchase leads from these online loan marketing companies). Actually, what I think you'll quickly discover (after filling out their 'Online Application') is the fact that, essentially you've now got four clerks, each with access to what you thought was private information now calling and soliciting your business - and the bad thing is that they probably don't even have access to the most competitive locally available interest rates. Great, just what you wanted to happen.

In contrast, at Mortgages Direct your application will be managed by one professional loan officer who searches diligently among our many, many sources of funds for the lowest possible rate for you, based on your particular needs and circumstances.

Relative to this subject however, one question we do get asked a lot is 'Does Mortgages Direct publish interest rates'?, and the answer is that we leave that choice to the discretion of our individual loan officers, many of whom do, in fact publish interest rates on their personal web pages (and all of whom are happy to give verbal or written quotes to their customers at any time, after first prudently trying to best determine a prospective borrower(s) exact circumstances and requirements). Our feeling is that this method of handling rate quotes ultimately gives our customers the best opportunity to get the most accurate (and best currently available) interest rates. When comparing lenders (including our loan officers) quotes posted on the Internet however, always please keep in mind that market interest fluctuations, competitive marketing considerations in local geographic areas and variations in individual borrowers' personal circumstances inherently tend to cause some degree of inaccuracy with respect to generically published mortgage rates - even with the best of intentions on the part of the person (or company) responsible for listing them.