What is the best Internet mortgage company to use...

[Indian Fan]

...when refinancing or purchasing a new property?

[teamobrienlv]

None. Use someone you trust or get a referral. If you have really good credit and a credit union account set up- they have pretty good rates, but be careful shopping around, the more you pull your credit the more you can hurt your score. lending tree and a bunch of other companies are just lead generating websites. I know because they call all the time trying to sell me leads! You're basically putting your info out there to be contacted by people who might rip you off. If you want an honest LO I can recommend myself. I don't bait and switch- what you see is what you get. Let me know if I can help.Just be careful with online mortgage companies- it's a good way to get ripped off!

[rjshori]

I would use the following websites to investigate the best interest rates:

BankRate.com and LendingTree.com. Also, compare them to the traditional groups such as Bank of America, Washington Mutual, etc.

[thinking-guru]

Do not use the internet for a mortgage. Find a local broker that you can sit down with face-to-face and conduct your business that way. As a mortgage broker, I have seen over and over again where people have gone online for a mortgage and they got royally screwed by doing it. How? How about these items:1) getting a "No Closing Cost" loan with a 30-yr fixed rate of 7.5% with good credit. Current 30-yr pricing is at 6%.2) paying WAAAAY to much in fees. I have seen origination fees of 5% on loans of over $200K. That is simply too much.3) ending up with an ARM instead of a fixed rate4) not getting the interest rate you were quoted5) not being able to talk to the same person that you originally dealt withLook, you are talking about a lot of $$$ here and you should be able to see the person you are dealing with. That's my belief.