loansplanet.com Redesigns Site to Cater to HomeBuyers Who Need Sub Prime Mortgage Loans

Los Angeles — April 12, 2006 — loansplanet.com, the online mortgage and loans specialists have recently redesigned their website to help cater to sub prime mortgages better.

Since 2001, loansplanet.com has been offering advice on all types of loans and the website has now been revamped to make it easier for people to get all the information they need to choose the right loan.

Getting a mortgage these days can seem a pretty daunting task. Both first time buyers and existing homeowners who are looking to refinance or remortgage can get confused by the large variety of mortgages on offer.

“For most people, buying a house is the biggest financial purchase they will make. Our aim is to give people all the advice and information they need to make the right mortgage decision. We have helped a lot of people get the right mortgage loan that best suits their needs since 2001. Although we have had much positive feedback about the site during the last 6 years, we felt that the time was right to give the site a total revamp. We have made it far easier for people to find all the latest information and news regarding the current mortgage market.

The latest mortgage rates are clearly displayed and you will find detailed explanations of all the different types of mortgages on offer”, said Anne Kaplan, CEO of loansplanet.com, at the launch of the new site.

Many homeowners have been affected by the current crisis in the sub prime lending market, and it is becoming increasingly important that homeowners have access to the best information and advice before deciding which mortgage is best for them. New Century Financial (NEW) filed for bankruptcy in Delaware recently, becoming the biggest mortgage lender serving people with poor credit to officially seek court protection over the past year due to a rise in people unable to meet their payments. The Californian lender was the biggest independent US provider of mortgages to borrowers with low credit ratings in 2006, second only to London based HSBC Holdings (HBC) in total U.S. ‘sub prime’ loans granted.

For the best mortgage advice and all the latest mortgage news and information, visit http://www.loansplanet.com today. Take a look round the new site and it could be the first step in buying a new home.

For more information please contact advertising@loansplanet.com