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National Online Mortgage Directory Offers Free Advertising Space

San Diego, CA (PRWEB) June 10, 2007 -- With sub-prime lenders in trouble and rates going up and down loan officers are left struggling to get business and help people with home loans. Because of the high cost of television, radio, and print advertising loan institutions are turning to the growing online market.

"Advertising online is a fast and effective way to get in touch with people that are still looking for assistance with their home loan needs," says Scott Olson, Chief Operations Officer for LendingGateway.com, an online mortgage directory and a specialist in advertising online for the financial industry. "Mortgage Brokers, lenders, and banks should see the importance of having a presence online and cater to the growing number of people who go online for assistance with their loan needs."

Despite the recent roller coaster events of the sub-prime shakeup thousands of people use online services like LendingGateway.com everyday. LendingGateway.com is offering a free listing on their state by state mortgage directory. "We understand the difficulties that mortgage companies face right now and we want to show them our loyalty to the industry," says Alexander Capio, LendingGateway.com's Chief Executive Officer. "We are sending a message to the industry that we are here to help and are expanding efforts to get them back to work."

For people looking for a new purchase or refinance home loan going online looks to be the way to go for both loan shoppers and loan officers. The cost is minimal and nets a high response rate. Getting assistance online is the way to go.

LendingGateway.com offers consumers access to thousands of qualified lenders and matches them to a broker who can assist them. Borrowers simply complete a form at http://www.lendinggateway.com/apply.html detailing specific borrowing needs. LendingGateway.com's proprietary software searches a network of thousands of brokers to find the best local match for the applicant. Consumers may also browse the online state listings to directly contact a lender of their choice.

Home owners looking for loan help or lenders looking for clients can sign up at http://www.LendingGateway.com or call toll-free 888-278-4792.

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This press release has been reprinted from PRWEB per the terms and conditions of the copyright notice.

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