Direct Lenders Mortgage d.b.a.

RATES

WE GOT YOUR RATES RIGHT HERE
Naturally, every mortgage company claims to offer the lowest rates available. We're not like other companies, the difference is we come through with an approval. Those juicy introductory rates that other companies offer, are usually based on "perfect-world" situations. In other words, those rates apply to people with a pristine credit history and the ability to put up 25% for a down payment. So, how many of us fit that category? Mr. Trump? Not many.

How do you know who’s telling the truth? How do you know whether you're comparing apples to apples? How can you calculate a rate based on your personal qualifications? For an idea of rates as they apply to the specific loan you're looking for, use our online loanability. Answer a few questions and the credit grader will take into consideration your personal qualifications and deliver a credit grade, enabling LoanSavvy.com to determine the best rate for you. And we do offer some of the most competitive rates around!

ARE WE BEING REPETITIVE?
We’re going to give you the money! Again: you have the "LoanSavvy.com Guarantee" that we can arrange an effective and creative mortgage solution to your financial needs. You can Apply Now for a LoanSavvy.com loan by completing an application right here on our website. Remember, there is no cost or obligation to obtain pre-approval from LoanSavvy.com and we will provide the lowest possible rate available based on your loan qualifications.

IT’S A GRADE DAMN IT, NOT A JAIL CELL!
All mortgage brokers use guidelines to determine your Credit Grade-or as we like to say, your Loanability. At LoanSavvy.com you now have a grade, and you can’t flunk out of class no matter what. Why? In case you haven’t heard, we specialize in obtaining loans in difficult situations. You have the "LoanSavvy.com Guarantee" that we will give you an approval.

A	EXCELLENT	MORTGAGE: Has been paid on time consistently over the past 12 months; no more than one 30-day late payment on mortgage. CONSUMER: Minor lateness on a minority of lines open. Any bankruptcy or foreclosure settled or discharged prior to last 2 years.*
A-	GOOD	MORTGAGE: No more than 2 thirty day late payments in the past 12 months. CONSUMER: Seldom pays more than 30 days late. One 60 day late payment on revolving line of credit or installment loan, if no other consumer late payments.* Any bankruptcy or foreclosure settled or discharged prior to last 2 years. *
B	AVERAGE	MORTGAGE: Some 30 and 60-day late payments, no more than 90 days behind in past 12 months. CONSUMER: Majority of lines paid satisfactorily, isolated 60- and 90-day lateness. Bankruptcy or foreclosure settled or discharged prior to 18 months. *
C	FAIR WE SPECIALIZE IN OBTAINING LOANS FOR PEOPLE THAT FALL INTO THESE CATEGORIES	MORTGAGE: 30, 60, and 90 day late payments acceptable. CONSUMER: Shows current ability to pay some lines on time; 120 day lates acceptable. Can have collections, charge-offs and judgments. Bankruptcy or foreclosure settled or discharged prior to 12 months. *
D	BELOW FAIR WE SPECIALIZE IN OBTAINING LOANS FOR PEOPLE THAT FALL INTO THESE CATEGORIES	MORTGAGE: Mortgage more than 120 days late. CONSUMER: Inability to pay majority of credit lines.
E	IN FORECLOSURE WE SPECIALIZE IN OBTAINING LOANS FOR PEOPLE THAT FALL INTO THESE CATEGORIES	MORTGAGE: Can be currently in foreclosure. CONSUMER: Inability to pay majority of credit lines.

*Some bankruptcies are acceptable 1 day after discharge.
APPLY NOW - Let us help you!

LOANABILITY AND REALITY
The Loanability chart above is presented solely as a general reference as to how LoanSavvy.com will review your financial background in order to establish your Credit Grade. In short, please do not use the chart as a real decision maker. We will assist you regardless of your credit issues. By providing us with your information through the Online application, we can better analyze your situation. You may even be able to improve your credit grade. We specialize in difficult and non-conforming mortgages.

BASIC RATES
Fixed Rate Mortgages—The Song Remains The Same
A fixed rate mortgage offers a permanent interest rate and monthly payment amount throughout the term of the loan. In comparison, the interest rate and monthly payments on a fixed rate loan are usually higher than the initial rate and payments on adjustable mortgages. The most common types of fixed rate mortgages are 30-Year Fixed (a fixed rate mortgage that takes 30 years to pay off), and 15 Year Fixed (a fixed rate mortgage that takes 15 years to pay off).

The primary benefit of a fixed rate mortgage is that you always know what your monthly mortgage payment is-it never changes, there are no surprises. Creating a workable monthly spending budget is easier to accomplish with a fixed rate mortgage. Just think, as your taxes and income go up, your mortgage bill will remain the same.

Adjustable Rate Mortgages—Riding The Wave
An adjustable rate mortgage (also called an ARM), starts out with a fixed initial interest rate and monthly payment. Both adjust on a regular basis to reflect changes in the market interest rate. With an ARM, you get a low initial interest rate and payment in exchange for taking the risk that rates may rise in the future. Adjustable rate mortgages also have a set limit or "cap" on how much the interest rate can go up or down. Some common adjustable rate mortgages include the 10/1 ARM (a loan with fixed interest rate and monthly payments for the first 10 years, and then an annually adjustable interest rate for the remaining 20 years), the 3/1 ARM (a loan with fixed interest rate and monthly payments for the first three years, and then an annually adjustable interest rate for the remaining 27 years) and the 1 Year ARM (a loan with an interest rate and monthly payments that adjust annually over a 30-year period). For many people, an ARM is the right mortgage. Generally, you can borrow larger sums of money with an adjustable mortgage and it features a lower initial interest rate and lower monthly payments.

MONEY FOR NOTHING AND SOME TIPS FOR FREE (Rebate Offer...)
The information you provide in your Online Loan Application is important in determining your qualifications for a particular loan. Apply Now and help LoanSavvy.com obtain the best possible loan at the lowest cost. Please make sure that the information you supply reflects your strengths and abilities to repay the loan. Remember, the more complete your Online Application, the quicker we can Approve your loan! The faster you provide us with supporting documents, the quicker we can close your loan! And when we close your loan at LoanSavvy.com, we will Rebate a portion of your appraisal costs - Up To $300! Value! Value!

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