We previously tried adding some credit and finance calculation tools a couple weeks back.  The tools were sponsored by credit companies, and they did not deliver what we were looking for.  You’ve probably seen teaser calculation tools in the past.  They ask you for some information to calculate a new payment or what if scenario on your finances and before you know it, you have no answer and they are sending your personal information off like a loan application.  Well, we think that is bogus. 

If you want to check out our sponsors, more power to you, but we want you to do that with your eyes wide open and preferably when you have all the facts in front of you and all your ducks in a row.  When you negotiate a new mortgage or even a refinance, you need to have everything in your finances straight and tight if you are going to actually get the highest rate possible.

With  that in mind we have established several tools to help you with this without having to send any information at all to a sponsor.  If you have ideas about additional tools that we should add, please let us know and we will try and develop it.  The bottom line is that we want you prepared to get the best deal no matter if you are financing a jumbo mortgage in San Francisco, looking into the real estate Branson market for a possible relocation, or refinancing credit cards into a home equity loan (not a good time to do that in general.)

This entry was posted on Saturday, March 8th, 2008 at 6:48 pm and is filed under Credit Improvement, Renting v Buying, Saving Money, Solutions for Mortgage Crisis, financing, refinancing. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.