Online mortgage quotes are quick and easy. The process can be done within 5 minutes at home or in your leisure time. Getting a mortgage loan quote from an online loan quote specialist has many advantages and benefits. to name a couple: 1. Getting a reply from an online loan quote services is much quicker and takes less of your time than going the conventional bank route. A loan officer will contact you immediately usually with 1 - 48 hours. Some times they call you within the hour and are able to get the loan process started then and there. 2. Online consumers are able to receive several quotes and compare the rates of several lenders instantly. They will be able to receive estimates on closing costs as soon as they apply for the loan rates. 3. When traditionally applying for a loan in person, a lender is not required to provide a "good faith estimate" until 72 hours after receiving the application. With an internet mortgage quote specialist they want your business and can provide you with a good faith estimate faster, which saves you time. 4. You will save money by applying online since the process of complete an application costs less for the lender, which in return will save you some closing cost fees. When a loan inquiry is filed online, the consumer does not need to visit the bank's office and meet with an agent, everything can be done online. Often lenders will give discounts on internet rates, closing costs, and loan origination feeds. 5. There is an enormous amount competition among online mortgage quote lenders, and in order for them to survive they must provide you with the best possible rate available or they simply won't get your business. In conclusion, applying at a respectable online quote provide allows you, the consumer to save time, money (very important factor), and get to the closing table faster.