Presented above are our preferred loan providers. What we have done is listed each provider on a hierarchy from the cheapest loan providers to the most expensive. Naturally not everybody is looking for the cheapest bare bones option so generally the most expensive have great customer service and processing time. Each loan provider is also rated on their acceptance to clients with moderate to poor credit histories and how much of an impact the poor credit history would have on the cost of their loans.

One very important and benefit of looking for loans online is you ability to shop around and ultimately find a loan that best fits your needs. The benefit of having the internet to shop around for quotes is that you aren’t restricted by borders or states, if you live in San Francisco, you can very well get a loan from a company based in New York without any problems.

Although most people don’t realize it, even if you get a quote online, most companies are very open to negotiation although that does require that you speak to their customer service representatives which for some of the smaller companies can be quite irritating especially if they have outsourced it to India. It should however be noted that it is these smaller organization that are more open to negotiations and if you do persist you might walk away with a very good deal indeed.

As mentioned earlier not every customer is looking for the ultimate best deal and save a couple of hundred dollars. Some people are happy to pay slightly more for far superior customer service, these types of customers may consider off-setting the increase in the cost of the loan by actually increasing the down-payment amount. Its common sense that if you pay more for the down payment that your loan will become more affordable.