SOURCE: Lowe's Mortgage

January 09, 2006 16:21 ET

Lowe's Mortgage Announces the Release and Redesign of the Best Website in the Mortgage Industry

LAS VEGAS, NV -- (MARKET WIRE) -- January 9, 2006 -- Lowe's Mortgage™, America's Premier Online Lender™, (http://www.lowesmortgage.com) announced today the redesign of its website. The new, easy-to-use website takes all the guesswork out of getting instant rates and good faith estimates. Just a few questions allow potential borrowers to get all the information on mortgage rates that they need to make a home purchase or refinance decision.

"We want to target the consumer who doesn't like to waste time surfing site after site and filling out question after question, only to wait for replies to get the mortgage information that they need," says Chris Donald, Technology Officer. "Our goal is to deliver what the home buyer wants in a streamlined fashion, giving instant gratification to the borrower. The borrower now only needs an Internet connection to get real-time rates and a good faith estimate in seconds," said Donald.

"We have simplified the loan process for Buyers by eliminating the clutter so that Borrowers don't have to wade through pages of information just to get the loan information that they need. Lowe's Mortgage has revolutionized the way online mortgage borrowers search for rates and closing costs," says Heather Wills, Lock Department Manager.

"We invite borrowers to compare every mortgage company's rates and closing costs to Lowe's Mortgage online because our rates and costs are simply the best," says Jeremy Gray, Loan Advisor. "If a borrower thinks they've found a better deal, they should log onto www.lowesmortgage.com, and compare."

"Users of our site never pay an application fee and can lock their own interest rates on-line 24/7, after getting confirmation from our lock department. We even offer free float-downs so that borrowers who lock can be assured of a lower rate, even if interest rates fall before their loan closes," says R. Timothy McGarty, Chief Financial Officer.

About Lowe's Mortgage

Lowe's Mortgage has revolutionized the way online mortgage borrowers search for rates and closing costs. Now borrowers can compare every mortgage company's rates and closing costs to Lowe's Mortgage. The website http://www.lowesmortgage.com is rapidly becoming the bellwether for mortgage rates and closing costs.

Lowe's Mortgage is one of America's fastest growing online mortgage companies. It differentiates itself from other mortgage companies through its state-of-the-art mortgage pricing technology and its extremely low rates and closing costs.

Contact Information

  • Contact:
    Lowe's Mortgage
    678-727-2701