Applying for a Mortgage: Online vs in Person

With the emergence of online mortgage companies, you are now faced with the decision of applying for a mortgage in person or online. Both methods of application can provide you with some benefits and drawbacks. Here are a few things to consider about applying for a mortgage online vs. in person.


If convenience is important to you, applying for a mortgage online might be the way to go. By applying online, you will be able to complete the application whenever you want. If you decide that you want to get a mortgage at 2:00 in the morning, you will be able to apply for one via the Internet. When you are going to apply in person, you have to stick to the schedule of the bank. You will also have to make a special trip to the bank location in order to apply.


If you value having someone there to help you, you might want to stick with applying in person. By applying in person, you will be able to get help with any potential problems that you might have. If you have a question about the mortgage application, you will be able to ask the loan officer and they will be able to answer your question quickly.

blog comments powered by Disqus