Referral Site

Referral Site

A mortgage Web site that shows mortgage prices posted by participating lenders, in some cases hundreds of them.

Referral sites are similar to newspapers in that lenders and brokers pay for the privilege of posting their mortgage prices on the site. However, they provide more information than newspapers. At least some of the price information on referral sites, furthermore, is posted on the day the user looks at the screen, whereas all price information in newspapers is obsolete when it is published. Some referral sites are Bankrate.com, BestRate.com, CompareInterestRates.com, Domania.com, Interest.com, and LoanPage.com.

For referral sites to be useful, shoppers must be able to select the lenders quoting the best prices, then visit the Web sites of each of them to make a final selection. This won't work for ARMs because the referral sites don't provide complete information about ARMs. While they do provide complete price information about fixed-rate mortgages, the process breaks down when the lender's own Web site is poor. I found that some of the lenders quoting the best prices on the referral sites were either quoting higher prices on their own sites or not providing complete information.

References in periodicals archive ?
The state-of-the-art facility will deliver the benefits of proton therapy to patients across the southeast region of the Netherlands and will also be a referral site for hospitals across the country.
It actually a referral site that helps people in building freedom-based futures and lifestyles with the help of travel industry.
Visites: To assess the technical quality and ergonomics furniture offered, a visit to a referral site (references) candidate using equipment identical to that proposed by the applicant, will be organized at the request of CHV.
The lawsuit says Oregon consumers who searched online for "title loans" ended up on a third-party loan referral site where they could fill out an application form.
com, the site will act as a referral site to up to a dozen top Affiliate Marketing companies worldwide.
Autism centers, if available in communities, offer an initial referral site for direct services and dissemination of resource information.
Among all the countries in the world and among all the referral sites you could possibly visit and among the hundreds of thousands of kinds of merchandise, our system was able to pick out the one specific city, the one specific referral site, and the one specific product--and then tell the marketer that he ought to be paying attention to that incident.
SBHC services complement the work of the school nurses, who are responsible for the entire population of students, by providing a referral site for students without another medical home.
Legalease, a legal referral site, has awarded its website development to New Bamboo Ltd, a specialist in bespoke software development using Ruby on Rails.
If you have any connection or interest in asthma camp, I would highly recommend visiting this site and using it as a reliable and rich referral site for clients and in linked on-line lists.
Fee Based Advice, which claims to be the only referral site set up and funded by independent financial advisers (IFAs), has produced some tough questions that investors should ask to ensure they are getting truly independent advice on their finances.
The CDC, the referral site for patients who fail standard treatment for T.