Petaluma, CA -- (SBWIRE) -- 11/19/2013 -- Petaluma, California Based Mortgage Broker Reveals 3 Things Lenders Don't Want You to Know About Shopping for a Mortgage Online

Anyone who's even remotely interested in shopping for a home loan has probably paid attention to all those commercials on TV touting the ease of using any of a variety of Internet services to compare mortgage offers from the comfort of your home. You may even have tried a couple of them yourself. But Jehoshua Shapiro, NMLS#275208, a Loan Officer with Emortgages.com, says Petaluma, California residents need to watch out when trying to use the Internet to do the heavy lifting for them.

"Sometimes, these Internet services might work fairly well for certain people." "But the one-size-fits-all approach they offer is going to leave a lot of people with loans that aren't the best for them, or even worse, they may be shut out of the process altogether."

Jehoshua Shapiro, NMLS#275208 says the problem with these services is that they never really get to know anything about your financial situation other than your credit history and income level. "So basically what winds up happening is that you're reduced to a number to them. And if they don't like whatever that number is, you're out of luck."

Here are three things you should watch out for when shopping for home-finance products on the Internet – things most online mortgage sites hope you ignore:

*Do they take the time to find out about your unique situation, or are you just a cyber-borrower in their eyes? Most of these sites simply don't have the manpower to individually work with every borrower. So a lot of times you wind up with a bad loan simply because there was no one to check if they could have gotten you a better deal.

*What do they offer people in special financial circumstances – such as the self-employed or people with damaged credit? Most of these sites don't even want to work with you unless you meet their stringent criteria.

*Do they provide advice to help when choosing between loan products? Most sites simply gather offers, throw them in your lap, and pressure you to choose between them. Unless you're a pretty experienced mortgage pro, deciding on the best offer can be difficult, if not impossible.

So, what's the solution? Use the Internet to educate yourself and then work with a real human being. You may not have thought about "old-fashioned" methods of finding the best deal, such as working with a mortgage broker. "But for anyone who values a real person sitting down with you and working through the process, there's no better option," says Shapiro, NMLS#275208.

About Jehoshua Shapiro
Petaluma, California - based mortgage expert Jehoshua Shapiro, NMLS#275208 specializes in providing information to California residents that allows them to make informed decisions about their mortgage financing options and learn the insider secrets that can save them thousands of dollars over the life of their loan. We specialize in no closing costs refinancing.

Jehoshua Shapiro, NMLS#275208 is available for interviews and will welcome all your mortgage related questions.

Call 707-763-6290 for a Free No-Obligation Consultation or visit:

http://emortgagescalifornia.com

For more information on this press release visit: http://www.releasewire.com/press-releases/release-3.htm

Petaluma, California based Mortgage Broker Jehoshua Shapiro, NMLS#275208 says that low rates have created a great opportunity for refinance or purchase, however creeping inflation could create interest rate hikes.

Petaluma, CA -- (SBWIRE) -- 05/18/2012 -- It seems like everyone in California is jumping on the mortgage refinancing bandwagon. Maybe you're thinking about it yourself? After all, with rates as low as they are, the promise of lowering your monthly payments, sometimes significantly, is a great attraction for many homeowners.

But before you sign on the dotted line, there are a few things you should know about the way refinancing works so you don't make a mistake that could wind up costing you big time.

"With refinancing as popular as it is right now, California residents have to be even more careful about shopping for the best loan," says Jehoshua Shapiro, NMLS#275208, a Petaluma, California based mortgage consultant. "Even the most attractive offer can wind up being a disaster once you realize how much the loan is really costing you."

Shapiro, NMLS#275208 offers these tips when considering refinancing:

* You should get a significantly lower rate for refinancing to make sense. Don't rush to refinance unless it's truly worth your while. If you're working with a mortgage broker rather than going it alone, you can be assured that they're bringing you the best offers out there. If you're going it alone, you'll have to do the legwork for yourself.
* Consolidating unsecured debt with a refinance loan can be a dangerous idea. You may not be in financial trouble now, but if in a few years things change, instead of simply missing a credit card payment or two, you'll now be in danger of losing your home as well.
* Your credit score counts... big time. If you've had credit problems in the past like a bankruptcy, it might make sense to wait a while for your credit score to recover before trying to refinance. Most lenders make it hard for people with less than perfect credit to get the best deals. But, again, if you choose to let an expert like a mortgage broker get involved in the process, they can often find loan options that most homeowners didn't even know existed - which can save you thousands over the long haul.

It is a known fact that home loan rates continue to improve, reaching some of the best levels so far in 2012. It has been an incredible opportunity for people to refinance or purchase. Unfortunately nothing lasts forever…

Petaluma, California - based mortgage expert Jehoshua Shapiro, NMLS#275208 advises that "If you are still on the fence, be aware that while some weak economic reports here in the U.S. and the economic crisis in Europe are two of the main reasons rates have improved recently, signs of inflation are beginning to creep into our economy–and that never bodes well for home loan rates".

"That's why it's important to act now. Don't miss this window of opportunity to save significantly on your monthly budget." he adds.

Petaluma, California - based mortgage expert Jehoshua Shapiro, NMLS#275208 specializes in providing mortgage information to California residents that allows them to make informed decisions about their mortgage financing options and learn the insider secrets that can save them thousands of dollars over the life of their loan.

Jehoshua Shapiro, NMLS#275208 is available for interviews and will welcome all your mortgage related questions.

Call 707-763-6290 for a Free No-Obligation Consultation or visit http://emortgagescalifornia.com

For more information on this press release visit: http://www.releasewire.com/press-releases/release-3.htm

Petaluma, California based Mortgage Broker Jehoshua Shapiro, NMLS#275208Record says that low rates have created a great opportunity for refinance or purchase, however creeping inflation could create interest rate hikes.

Petaluma, CA -- (SBWIRE) -- 05/11/2012 -- It seems like everyone in California is jumping on the mortgage refinancing bandwagon. Maybe you're thinking about it yourself? After all, with rates as low as they are, the promise of lowering your monthly payments, sometimes significantly, is a great attraction for many homeowners.

But before you sign on the dotted line, there are a few things you should know about the way refinancing works so you don't make a mistake that could wind up costing you big time.

"With refinancing as popular as it is right now, California residents have to be even more careful about shopping for the best loan," says Jehoshua Shapiro, NMLS#275208, a Petaluma, California based mortgage consultant. "Even the most attractive offer can wind up being a disaster once you realize how much the loan is really costing you."

Shapiro, NMLS#275208 offers these tips when considering refinancing:
- You should get a significantly lower rate for refinancing to make sense. Don't rush to refinance unless it's truly worth your while. If you're working with a mortgage broker rather than going it alone, you can be assured that they're bringing you the best offers out there. If you're going it alone, you'll have to do the legwork for yourself.
- Consolidating unsecured debt with a refinance loan can be a dangerous idea. You may not be in financial trouble now, but if in a few years things change, instead of simply missing a credit card payment or two, you'll now be in danger of losing your home as well.
- Your credit score counts... big time. If you've had credit problems in the past like a bankruptcy, it might make sense to wait a while for your credit score to recover before trying to refinance. Most lenders make it hard for people with less than perfect credit to get the best deals. But, again, if you choose to let an expert like a mortgage broker get involved in the process, they can often find loan options that most homeowners didn't even know existed - which can save you thousands over the long haul.

It is a known fact that home loan rates continue to improve, reaching some of the best levels so far in 2012. It has been an incredible opportunity for people to refinance or purchase. Unfortunately nothing lasts forever…

Petaluma, California - based mortgage expert Jehoshua Shapiro, NMLS#275208 advises that "If you are still on the fence, be aware that while some weak economic reports here in the U.S. and the economic crisis in Europe are two of the main reasons rates have improved recently, signs of inflation are beginning to creep into our economy–and that never bodes well for home loan rates".

"That's why it's important to act now. Don't miss this window of opportunity to save significantly on your monthly budget." he adds.

Petaluma, California - based mortgage expert Jehoshua Shapiro, NMLS#275208 specializes in providing mortgage information to California residents that allows them to make informed decisions about their mortgage financing options and learn the insider secrets that can save them thousands of dollars over the life of their loan.

Jehoshua Shapiro, NMLS#275208 is available for interviews and will welcome all your mortgage related questions.

Call 707-763-6290 for a Free No-Obligation Consultation or visit http://emortgagescalifornia.com

For more information on this press release visit: http://www.releasewire.com/press-releases/release-3.htm

Low mortgage rates have attracted HARP 2.0 refinance applications in California. California Loan Expert Jehoshua Shapiro, NMLS#275208 explains all about the revamped government program that provides refinancing options to homeowners who owe more on their mortgage that their house it worth called HARP 2.0.

Petaluma, CA -- (ReleaseWire) -- 04/27/2012 -- Low mortgage rates have caused a surge in HARP 2.0 refinance applications in California.

If you're planning to take advantage of the government's new program for underwater homeowners, act fast. As applications increase, mortgage rates are expected to follow suit.

California Loan Expert Jehoshua Shapiro, NMLS#275208 explains all about the revamped government program that provides refinancing options to homeowners who owe more on their mortgage that their house it worth called HARP 2.0.

Help has finally arrived for California home owners whose property values have dropped over the past couple of years. In order to lower costs of mortgage installments today and get a good fixed rate plan underway for repayment, many people are turning to the Home Affordable Refinance Program (HARP or HARP 2.0), also known as the Making Home Affordable Program.

However, as new information appears on government sites, people are finding the documentation to be lengthy and somewhat confusing.

Jehoshua Shapiro, NMLS#275208, a Petaluma, California based mortgage consultant, has released a new web site at: http://emortgagescalifornia.com designed to remove the confusion about this latest government program.

This new HARP 2.0 resource site shares details about the basics of this mortgage lending solution and answers questions like:

* What are HARP loans all about, in a nutshell – in layman's terms?
* What kind of mortgage loans can HARP funds be used for?
* Do I qualify for the HARP program?
* What are the benefits of HARP loans?
* What documents do I need to bring to the lender when I apply?
* And much more…

The new resource site showcases pages of information to help California borrowers realize that HARP loans are an ideal way for families with homes that have dropped in value to rebuild their investment, creating equity faster under a new structure.

HARP Specialist Shapiro, NMLS#275208, says "readily available and with low interest rates, these HARP loans are an exciting way for people to enjoy double savings with lower monthly mortgage installment loan payments and increased equity over the long term restructuring."

Jehoshua Shapiro, NMLS#275208 is available for interviews and will welcome all your mortgage related questions.
Call 707-763-6290 or visit http://emortgagescalifornia.com to see if you qualify for this new program.

For more information on this press release visit: http://www.releasewire.com/press-releases/release-3.htm

California Refinancing Expert Jehoshua Shapiro, NMLS#275208 explains all about the revamped government program that provides refinancing options to homeowners who owe more on their mortgage that their house it worth called HARP 2.0.

Petaluma, CA -- (ReleaseWire) -- 03/21/2012 -- Help has finally arrived for California home owners whose property values have dropped over the past couple of years. In order to lower costs of mortgage installments today and get a good fixed rate plan underway for repayment, many people are turning to the Home Affordable Refinance Program (HARP or HARP 2.0), also known as the Making Home Affordable Program.

However, as new information appears on government sites, people are finding the documentation to be lengthy and somewhat confusing.

Jehoshua Shapiro, NMLS#275208, a Petaluma, California based mortgage consultant, has released a new web site at: http://www.harprefinancetips.com/ designed to remove the confusion about this latest government program.

This new HARP 2.0 resource site shares details about the basics of this mortgage lending solution and answers questions like:

- What are HARP loans all about, in a nutshell – in layman's terms?
- What are the benefits of HARP loans?
- What kind of mortgage loans can HARP funds be used for?
- Do I qualify for the HARP program?
- What documents do I need to bring to the lender when I apply?
- And much more…

The new resource site showcases pages of information to help California borrowers realize that HARP loans are an ideal way for families with homes that have dropped in value to rebuild their investment, creating equity faster under a new structure.

HARP Specialist Shapiro, NMLS#275208, says "readily available and with low interest rates, these HARP loans are an exciting way for people to enjoy double savings with lower monthly mortgage installment loan payments and increased equity over the long term restructuring."

Jehoshua Shapiro, NMLS#275208 is available for interviews and will welcome all your mortgage related questions.

Call 707 763-6290 or visit http://www.harprefinancetips.com/ to see if you qualify for this new program.

For more information on this press release visit: http://www.releasewire.com/press-releases/release-3.htm