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LendersBestBid.com has launched a revolutionary online service that promises to shake-up the way Americans apply for mortgages.
(PRLEAP.COM) A new eBay-style online service will Group borrowers together providing bulk-buying power combined with an online auction technique’ known as (The Dutch Auction) or (The Reverse Auction). A network of up to 100 + nationwide mortgage lenders enter into a "Bidding War" to offer consumers cheaper mortgage rates of interest and fees on deals placed for auction.
LendersBestBid.com shall enable the network of mortgage lenders to become more cost efficient by reducing expensive overhead costs; marketing, branches, office space, sales teams, staff etc., thus deals offered to the borrowers are more likely to be cheaper than the standard mortgage deal offered by a single mortgage lender.
Within 48 hours, borrowers are informed of the winning mortgage lender and the terms of the deal offered. Only the mortgage lender offering the cheapest deal wins the business. The borrower can choose to accept the deal they are offered or just walk away.
LendersBestBid.com receives a nominal deliberate fee from the network lender. This deliberate nominal fee is set at a level to encourage the network of
mortgage lenders to drive down costs to the borrowers. Creating a true win-win for all!
The founder of LendersBestBid.com predicts this concept will change the mortgage lending industry by lowering overall costs of mortgage fees to the consumer via this service.
www.LendersBestBid.com
5833 West Oakland Park; Suite 174
LAUDERHILL, FL USA 33313
1-877-U-Bid-Now
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