New service promotes simpler mortgage shopping experience

5 lenders participating in 'Certified Lender Network'

In January, The Mortgage Professor, an online mortgage information and guidance website, launched the Certified Lender Network, a service that aims to simplify and streamline the mortgage shopping process.

The service, according to its website, focuses the mortgage-buying experience and eliminates opportunistic pricing by bypassing the work of a loan officer or mortgage broker, who may advertise or emphasize prices different from a mortgage’s actual price and fees to get business.