GorillaRates.com makes mortgage application easy

      Comments Off on GorillaRates.com makes mortgage application easy

Lindon, UT, March 02, 2022 (GLOBE NEWSWIRE) — The competitive U.S. market, with demand far outstripping supply, means the only people who realize their dreams of home ownership are those who can quickly secure a mortgage, and one mortgage expert touts a system that rules the “jungle” of the competitive real estate industry.

John Fricke is a mortgage expert at GorillaRates.com of Canopy Mortgage, a Utah-based company that offers a proprietary system that lets people get real-time mortgage quotes 24 hours a day, seven days a week. It’s a modern replacement for the old system where people had to first call and speak with a loan officer and go through a series of checks and second checks of their information before they could even get a provisional quote.

This changes the game. It’s made for the “No bull, give it to me straight” mortgage buyer. As a consumer, you can go online to www.GorillaRates.com and get a real-time quote without having to speak to anyone. No personal information is required for the quote. You can even compare multiple options at once. No high pressure sales. No need to wonder if the quote you get over the phone is real or not. Stop wondering if the generic online quote is what you’re going to get. This is the new era, as it should be.

If you like the quote you see, the system allows you to apply online. It even gives you the ability to lock in your interest rate with the push of a button. Then, based on what you put in your application, it gives you a list of the documentation needed to process your loan which you can then upload. It really is a system that allows you to get an accurate real-time mortgage quote without having to talk to anyone.

GorillaRates.com is quickly gaining a dedicated network of supporters of people who have tried to get loans quickly in today’s tough real estate market. While demand is expected to continue to rise, the sooner someone gets a loan, the more likely they are to get their ideal home.

The service’s average loan rates can be up to 0.5% lower, or 1-2% less in fees, than mortgages obtained through other means. This can result in significant savings, such as between $4,000 and $8,000 in fees on a $400,000 mortgage for the same rate. What does this mean for you? At a time when inflation continues to rise, it is pinching the pocketbook of the American family with the rising cost of living in all areas, including but not limited to food, gas, l electricity and other daily essentials. These savings of up to $8,000 could be used to furnish your new home or make updates to your new home instead of paying higher fees.

If you don’t want to pay the higher fees but choose to take a higher rate, those savings could reach $116.19 per month over 30 years with a half percent rate difference between 4.375% with a APR of 4.416% and 3.875% with an APR of 3.983% on a loan amount of $400,000. This monthly savings could be applied to offset inflation and earmarked for food, gas, utilities, or other expenses you have each month.

“Our goal is to help people buy homes and provide refinancing services that save consumers money or provide them with the cash they need to achieve their goals,” says Fricke. .

Real estate sales in January reflected an increase of more than 6% from December, according to data from the National Association of Realtors, which represents the residential and commercial real estate sectors, and Fricke expects this trend continues. Sales can be decided in days, and the speed at which someone gets a mortgage can be the deciding factor.

“The housing stock is low and cannot meet demand in strong markets. Real estate prices are expected to continue to rise and rates to continue to rise,” he says. “In such a high-demand market, anyone looking to buy a home needs every advantage possible.”

In addition to GorillaRates.com’s unique ability to search around the clock for the best mortgage rates in real time, Canopy Mortgage also offers its customers other important services.

Its range of lending options focuses on residential real estate loans, including purchase, rate/term refinance or cash refinance; primary, secondary or investment real estate loans; and a range of lending products, including conventional, FHA, VA, USDA, zero down loans, jumbo loans, self-employed loans, bank statement loans, asset-based loans, and home loans.

GorillaRates.com thinks that if a lender doesn’t publish their rates and fees online, they’re probably too high. It publishes its rates and fees online because it is sure to sell competitive rates and fees.

Given the continued strong demand for property purchases, Fricke urges all potential homeowners to get pre-approved for a mortgage before they are ready to make an offer on a property.

“Getting pre-approved before qualifying can help consumers focus on their credit to work on anything that would help them get better terms or even qualify. It also alleviates consumer stress in the process of ready, because instead of worrying about whether they will qualify, they can focus on packing and getting ready to move in. Our job is to help consumers get pre-approved before they start looking for homes. , when they’re in the process of closing their house, we help make it as easy and stress-free as possible,” says Fricke.

If you’re looking to buy or refinance, check out www.GorillaRates.com and see how this system can help you make better decisions with your goals as they show real-time rates and payments 24/7 .

GorillaRates.com by Canopy Mortgage is an equal housing lender.

Media Contact


John Fricke – NMLS #213589

[email protected]