ELOAN:
E-LOAN, Inc. is a consumer direct lender and debt advisor dedicated to providing borrowers across the credit spectrum with a more enjoyable and affordable way to obtain home purchase, refinance, home equity and auto loans. By making credit scores freely available to consumers and integrating them with a suite of sophisticated tools, E-LOAN is pioneering debt advice - helping consumers proactively manage their debt to lower their overall borrowing costs. The company relentlessly advocates eliminating the dumb processes, fees, hassle, haggle and lack of transparency traditionally associated with the consumer loan experience. E-LOAN is passionate about consumers' financial privacy, and has implemented industry leading privacy practices and joined hands with consumer groups in an effort to enact strong consumer financial privacy protection laws.
Credit Status Required -
Good Credit
Types Of Loans Offered -
Home Purchase
Refinance Mortgage
Home Equity
Auto & Motorcycle Purchase
Auto Refinance
Personal Loans
Advantages -
Save up to $1,500. Find the best rate available from the most competitive lenders. E-LOAN has eliminated all the lender fees charged by traditional loan agents. Click here for details.
Less paperwork and hassle. By controlling the loan process in-house E-LOAN has eliminated extraneous steps and documentation.
With E-LOAN Express the required documentation is limited-no income or asset verification is required-appraisals are fully automated, and processing time is reduced to just 10-15 days to fund your loan!
Money back guarantees. Close on time. Closing costs guaranteed not to change.
Experienced loan consultants. Available to help you from start to finish. A Loan Consultant will help you at every step, offering advice and ensuring an on-time close. From the time that they call to introduce themselves, your Loan Consultant will be your single point of contact until you close your loan.
Steps Involved -
Compare Loans
Search hundreds of no hidden fee loans in seconds and find the lowest rate for the product that best meets your needs. If you're not sure which product is right for you, we will recommend one.
Apply
Our online application is so simple you can complete it in minutes. Once your application has been submitted, our industry-leading commitment to privacy will ensure that your personal information is completely protected. Your information will be fully encrypted for transmission and then stored securely on our servers.
E-Loan Approves Loan
Get a decision in minutes and order your appraisal with a credit card to expedite the process. E-LOAN has eliminated the delays that occur when a mortgage broker has to rely on an outside lender for a loan decision. Instead, being licensed as a direct lender allows us to provide you with a fast credit decision. E-LOAN utilizes automated underwriting systems that dramatically reduce your documentation requirements, enabling us to close your loan quickly. Finally, by processing your loan in-house E-LOAN has the control necessary to preserve the confidentiality of your personal information.
Search Rates and Lock Your Loan
Through your E-Track account you are able to lock your rate 24-hours-a-day. Afterwards, you will receive an email confirming your rate and price. Plus, once your rate has been confirmed E-LOAN guarantees that your closing costs will not change.
E-Loan Completes Underwriting
Once you have locked your loan you can relax while E-LOAN completes the final details. E-LOAN will prepare your loan documents and deliver them to your title company. We will then contact you to arrange a signing appointment.
Sign Loan Documents
You can select a signing office that is conveniently located for you. Once you notify your Loan Consultant of your choice they will make all the necessary arrangements directly with that company. The title officer is present at the signing to answer any questions you may have.
E-Loan Funds the Loan
Your part is done. Your Loan Consultant will clear up any final conditions and arrange for E-LOAN to disburse your money. E-LOAN guarantees that your loan will close on time or you will receive a $500 rebate.
