Pureloan Provides Enterprise-Grade Advanced Mortgage Search Functionality at No Cost to Millions of Home Buyers
PALO ALTO, Calif., Nov. 10, 2020 — Pureloan.com is the first website to offer professional loan officer-level mortgage search functionality for both home loans and home refinancing to all interested shoppers. Other websites simply allow searches using basic fields like location, LTV, and credit score, but Pureloan.com performs searches on the exact fields being used by loan underwriters, thus creating a mortgage quote that is entirely accurate. As an example, Pureloan.com allows consumers to search mortgages by Occupancy Type such as Single-Family Home, Duplex, or Condominium. To purchase a $1M home in San Jose, CA, with a down-payment of $250k, buyers of a single-family home can find a mortgage of 2.875% interest rate with a closing cost of $53; however, buyers of a condominium have to pay a mortgage rate of 3.00% with a closing cost of $435. Additionally, Pureloan.com also supports other search parameters including Lock Period (e.g. 30 Day,...