Sponsored Review: Mortgage Loan Place
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Website:
http://www.mortgageloanplace.com/lending-guide
Initial Thoughts:
Mortgage Loan Place is primarily a site that helps you obtain loans, the site contains a blog along with a section that includes many articles about lending.? The major categories are as follows:
- FHA Loans
- Reverse Mortgages
- Home Mortgages
- Mortgage Insurance
- Refinancing
- Second Mortgages
At a glance, the layout of the lending guide section is somewhat dry because the page contains many links and not much else.? As a contrast, the main site has a much richer in terms of color and attractiveness.
However, diving deeper into the content articles provide much insight about different areas related to mortgages.? For example, one of the articles is named ??/font>4 Things You Need to Be Eligible for a Reverse Mortgage??which illustrates some of the items you need to check before you know you can use that as an option.\
I did not know what a ??/font>Home Ownership Accelerator Program??was, and I read through the article in the site.? It helped me understand that this program basically allows you to use the mortgage like your checking account. ?The way it works is that your entire paycheck is directly deposited into the mortgage each month, lowering the principal mortgage amount. ?Homeowners, if they needed money, can access the mortgage during anytime like a checking account, which pulls money back out of the principal payments made during the month. ?This means that you can potentially pay off your loan much faster since you are essentially practicing the ??ay yourself first??principal.
The downside of this is that if you are those people that can potentially withdraw more money per month than you deposit, you might run into trouble.
Suggestions:
I really would like to see a better layout on this page.? I feel like the website has done a good job on their main page, while neglecting this section of it.? This site seems to be a couple months old, so I can definitely see the problem of too many links getting bigger and bigger as more and more articles are added to the page.
Final Thoughts:
I believe this site is off to the right start, providing additional content through its blog and lending guide along with the mortgage loan section which is probably the main driving force for the whole site. ?I wish the author luck.
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