Phoenix, Arizona based Mortgage Broker Patrick Obluck reveals 3 things you should watch out for when shopping for home-finance products on the Internet.

Phoenix, AZ -- (ReleaseWire) -- 05/04/2009 -- Phoenix, Arizona 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 Patrick Obluck, a Loan Officer with Sterling Home Mortgage, says Phoenix, Arizona 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."

Patrick Obluck 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 Obluck.

Phoenix, Arizona - based mortgage expert Patrick Obluck specializes in providing information to Arizona 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.

Patrick Obluck is available for interviews and will welcome all your mortgage related questions.

Call (480) 319-6138 for a Free No-Obligation Consultation or visit:

http://loanmanaz.com

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

Phoenix, Arizona Based Mortgage Lender Patrick Obluck reveals mortgage secrets at a new web site that is full of free reports, a home buying guide and free mortgage calculators. The site is designed to give consumers all the facts so they can make an educated decision when obtaining a mortgage.

Phoenix, AZ -- (ReleaseWire) -- 03/25/2009 -- Local Phoenix Mortgage Lender Patrick Obluck reveals the shocking truth at a new website that is full of free reports and free mortgage calculators.

"The only way for consumers to make an educated decision is to have all of the facts. Let's face it most consumers are simply uneducated when it comes to obtaining the best mortgage product to fit their financial needs and goals." says Patrick Obluck, a mortgage originator based in Phoenix, Arizona.

For most consumers a mortgage is the single largest financial transaction they will make during their lifetime. In fact, most mortgage payments account for approximately 32% of consumer's monthly income.

Patrick Obluck has put together a new website to finally allow consumers the ability to obtain all of the information they need to make an informed decision.

Here is a listing of some of the Insider Tips available at http://loanmanaz.com

*Little Known Secrets That Will Show You How To Improve Your Credit Score

*Important Terms You Must Know BEFORE Obtaining A Mortgage

*Tested and Proven Strategies For Building A Better Credit Record Faster and Easier

*The Top Mortgage Questions Borrowers Must Ask Before Applying For A Mortgage

*How To Finally Stop Renting And Own A Home Of Your Own

*How To Own A Home With Low Interest Rates And A Low Down Payment, Regardless Of Your Credit

*7 Things You Should NOT Do When Applying For A Home Loan

*12 Secrets To Lowering Your Homeowners Insurance Cost Your Agent Doesn't Want You To Know

Phoenix, Arizona - based mortgage expert Patrick Obluck specializes in providing information to consumers 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.

Patrick Obluck is available for interviews and will welcome all your mortgage related questions.

Call (480) 319-6138 for a Free No-Obligation Consultation or visit

http://www.loanmanaz.com

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