FREEandCLEAR launched its groundbreaking Mortgage Lender Directory which transforms the way people search for a mortgage. Believed to be the largest of its kind, the directory features over 3,700 lenders, over 100,000 unique data points and offers a level of functionality unparalleled in the mortgage industry.
The directory was developed in response to consistent feedback from borrowers who find it challenging to find lenders that offer specific mortgage programs, especially first-time home buyers who are looking for low down payment programs. In short, the FREEandCLEAR Lender Directory fundamentally changes the way people find mortgages and empowers more people to buy homes.
Key features of the FREEandCLEAR Lender Directory include:
FREEandCLEAR developed the directory to further its mission of connecting borrowers and lenders and to increase transparency, accountability and actionability in the mortgage industry. The FREEandCLEAR Lender Directory also compares mortgage rates, loan programs and user experience and awards badges to the top-ranked lenders in each category.
Aggregating such a tremendous amount of data and making it easily searchable helps borrowers find the lenders and mortgage programs that best meet their needs. The directory is free to use and for lenders to join which makes it highly accessible to both borrowers and lenders.
The FREEandCLEAR Lender Directory takes on even greater importance at a time when transparency in the mortgage industry is declining. The directory provides a voice for borrowers as well as feedback for lenders who can use this information to improve their businesses. Ultimately increased accountability benefits both borrowers and lenders.
We would love for you to use the directory and pass along your feedback. With your help we can improve the mortgage experience for both borrowers and lenders.