E-LOAN's streamlined process saves you time and money
- 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, the required documentation is limited-no income or asset verification is required-appraisals are usually fully automated or drive-by only, and processing time is reduced to just 10-20 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.
The E-LOAN process.
Click on any step for more detail. |
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1.
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. 
2.
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.
3.
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.
4.
Search rates and lock your loan online
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.
5.
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.
6.
E-LOAN funds the loan
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.
7.
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.
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Personal Loan Consultants
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.
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E-Track Online Loan Status
Throughout the process you can continually monitor the progress of your loan through the use of our E-Track system. With 24-hour-a-day access to your personalized, password-protected account, you will be able to check status, review fees and lock your rate at your convenience. By giving you constant access to your loan information, E-LOAN frees you from the anxieties and uncertainties often suffered by offline borrowers.
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