Local Mortgage Information for Your Area
What is an Online Mortgage Lender?
As the name suggests, online
mortgage lenders are simply
lenders that are available online.
There are two kinds of online lenders:
- brick and mortar: lenders that also have real, public offices a customer can visit
- online only: exist only on the Internet and don't offer face-to-face interaction
All lenders—whether "brick and mortar" or online—should be carefully researched before offering any personal information or committing to a loan. This is especially true of online-only lenders, although, this does not mean there are not many excellent, legitimate, and trustworthy lenders to be found online.
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