Who is Mortgage Transparent?
Mortgage Transparent is managed by Patrick Kitano, Managing Principal of the Domus Consulting Group. Mr. Kitano is the author of two blogs: Transparent Real Estate and Media Transparent. Transparent Real Estate has chronicled and advocated the transparency in real estate since August 2006. Media Transparent chronicles how the social media and the mainstream media are converging into a new type of mass media.
Mortgage Transparent is the voice of an innovative mortgage company that is based on RateWindow, a wholesale mortgage rate engine.
What makes Mortgage Transparent’s mortgage offering different from other online mortgage companies?
Mortgage Transparent’s customers have unlimited free use of RateWindow, a new mortgage rate engine that discloses the WHOLESALE mortgage rates available to them. The engine is revolutionary for providing consumers with fully disclosed rates that were privy to mortgage brokers before. The problems with “kickback” fees is explained in this article by the Center for Responsible Lending. Unlike any other mortgage rate engine, RateWindow discloses these fees.
RateWindow was developed by RealEspace, a company with whom Domus Consulting Group has a management consulting relationship.
What is our marketing policy?
Unlike other mortgage rate engines like Lending Tree, Bankrate or Ditech, we will NEVER ever call you, put you on an email marketing list or otherwise hound you. The other rate engines sell you as leads to either the highest bidder or in bulk; and it may get you on cold call solicitation and unwanted spam lists
With RateWindow available to me, why should I work with mortgage brokers?
Mortgage brokers provide value the same way as any consulting professional. They offer experience, judgment as to what works for each client, and that intangible service quality. Consumers can go from bank to bank submitting applications one after another, but in today’s tight lending environment, it’s critical to get the deal done correctly or you risk losing your deposit or more. Good mortgage brokers can identify the right lenders that save you money, lock in rates at a time when volatile rates can swing as much as 30 basis points in a single day, and manage the whole process for you.
Why work with us?
Our principal mortgage brokers, all of whom have Master’s Degrees from major universities like University of Illinois Champaign Urbana and New York University, have deep experience and understanding of the quirks of this remarkable credit market. We pride ourselves in educating our clients and providing a level of intelligent service that will enhance the experience of purchasing a home or refinancing a loan. Everything is fully disclosed.
We only ask that if you believe in our non-aggressive marketing philosophy, please contact us with your loan request. We are not only online, we can help you with your application over the phone.
Why is this Mortgage Transparent site so simple?
We believe it’s important to convey a message without snappy bells and whistles, or banner ads. Like you, we’re focused on cost efficiency. We have been advocating this simple design concept to send the message of substance over flashy style.