c)These aren’t only methods for gauging popularity and reputation, of course. You can talk to people, go to chatrooms, conduct search-engine research, etc. Again, popularity and reputation aren’t everything, but keep them in mind while exploring lenders, both online and in real world of course.

4.The Short Form

The Short form is a term used to describe basic application that you initially fill out, when seeking a loan from a lender or institution.

a)Is it short indeed? Does it ask you for basic information, relevant information, and is it presented in a simple and concise fashion, perhaps no longer then 1 to 2 pages?

b)Is short form organized and appropriate? Does it make sense, is it simple to fill out, and is it easy to understand, and appropriate for an initial application?

c)Consider this form as an introduction to your lenders style. If form is simple, concise, and easy to fill out, this may tell you a lot about lender. On other hand, if form is complex, difficult, and requesting a little more information than your comfortable providing, this too might spell out a word of caution, and provide important information about your prospective lender.

5.Communication

Never underestimate importance of communication. How lender chooses to communicate with you from get go, might indicate choices lender will make later on in process.

a)Does lender have an “about us” page, and do they provide meaningful information about their business, such as how long they’ve been around, where they are located, their phone number, their physical address, and perhaps even their corporate structure? Or, are they a ghost in machine, providing little to no information about themselves?

b)You will ultimately be speaking with a live person on phone. How do they strike you? Are they pleasant, cordial, and polite? Are they low-key, helpful, and respectful? Or, do you see signs of pushiness, or over marketing?

c)Never make an immediate decision. Talk to 3 or 4 lenders, and then give yourself a pause to reflect on who provided best deal, and, who might be easiest and most appropriate to work with.

6.Points, Fees, Terms and Rates

a)Obtain several offers from competing lenders, and compare nuts and bolts.

b)Who offers you best savings? Who seems just too low to believe? Who is way too high to consider?

c)Check out current interest rates, and make some market comparisons. Our site has a free RateWatch updated frequently throughout day, or, you can easily find this information at any search engine or at other reputable websites online.

We’ve enjoyed providing this information to you, and we wish you best of luck in your pursuits. Remember to always seek out good advice from those you trust, and never turn your back on your own common sense.

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What you may not realize is that insurance agent has taken form you filled out and submitted it for group health. It is submitted to three different companies for underwriting. So now, insurance agent and insurance company has information from you, three companies supplying insurance coverage have information on you, AND all of employees at all four points have access to information. Think about how many employees that might be.

That information is often then passed on to a data warehouse like ChoicePoint, and anyone who has access to ChoicePoint now has access to that information. Who has access to ChoicePoint? I think with recent news articles, more appropriate question is, who doesn't have access to ChoicePoint?

The information is also submitted to your MIB (Medical Information Bureau) file. Anyone who has access to MIB files, now has access to all of that information. Who has access to Medical Information Bureau records? Anyone, at any hospital around United States, who has even a small amount of clearance, has access to Medical Information Bureau records.

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