Internet search site Yahoo and E-Loan have teamed up to offer an online mortgage service for consumer home loans. Among the services that the Yahoo Finance Loan Center (http://loan.yahoo.com) offers consumers are custom mortgage quotes, rate monitoring and loan prequalification.
“Working with E-Loan, we've created a convenient and cost-effective way for users to research and apply for loans,” said Mike Riley, producer of Yahoo Finance.
The loan center also allows people to compare their current mortgages to the market rate and check mortgage loan rates from 65 vendors around the country.
