LAGUNA NIGUEL, CA, Jun 04 (MARKET WIRE) --
Today, Mortgage Grader announces the United States Patent and Trade Office
granted patent number 7,366,694 to Mortgage Grader. The patent describes
various features of Mortgage Grader's current and upcoming shopping service
available at www.mortgagegrader.com.
Mortgage Grader plans to provide anonymous, online loan approvals,
guaranteed
interest rates and settlement costs, delivered in seconds to all of America.
Creating comparable, simple-to-understand, transparent mortgage market offerings
insures price competition. Mortgage Grader's goal is to expose and provide
fairness in the mortgage process to the consumers' advantage, saving American
buyers and refinancers billions of dollars every year on interest rates and
closing costs.
Mortgage Grader's innovation will provide consumer privacy, information
transparency
and objective credit grading, resulting in fairness for all. This is a
watershed moment for America's communities who have been victimized by wolves
dressed in lambs clothing, grossly overcharging for the true cost of credit
and settlement costs. There will soon be a truly safe marketplace, void of
discriminatory and predatory lending practices.
"All borrowers, regardless of education or prior experience, will have
direct
access to mortgages, just like online travel, ending their dependence on
commission driven mortgage brokers and bank loan officers," said Jeff Lazerson,
President of Mortgage Grader. "Mortgage Grader offers fair-minded lenders a
responsible lending channel to increase their customer count," added Mr.
Lazerson.
About Mortgage Grader
Mortgage Grader is an anonymous online shopping and loan qualifying platform
that
may revolutionize the mortgage marketplace. Our future version of Mortgage
Grader will store a huge library of real-time lender guidelines and pricing that
will be mathematically sorted, offering point-of-application anonymous loan
approvals, interest rate and closing cost guarantees.
Fair Closing Costs www.fairclosingcosts.com is a division of Mortgage
Grader,
anonymously allowing borrowers to shop and compare real estate settlement costs.
Mortgage Grader, Inc. is a Delaware Corporation, licensed as a mortgage
broker in
CA, FL, ID and NY, headquartered in Laguna Niguel, CA.
For additional information please contact:
Jeff Lazerson, President
Phone (949)389-9333
Fax (949)389-9505
Email Email Contact
Or please check our website www.mortgagegrader.com
Copyright 2008, Market Wire, All rights reserved.
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