New free lender referral service E Finance Your Home helps in the fight against predatory lending.

New free lender referral service E Finance Your Home helps in the fight against predatory lending by prescreening loan officers and lenders to help those with less than perfect credit purchase homes and existing home owners to refinance their home with confidence that they are working with a competent, trustworthy lender.

E Finance Your Home, a new service that prescreens and qualifies competent loan officers was established to help those with less than perfect credit have confidence that they won’t become a victim of predatory lending. “The real estate market today is one of the hottest markets in recent history, and the mortgage rates are still very low, but some lenders take advantage of the uninformed consumer and those with past credit problems by giving them higher interest rates on their home loans. Usually by the time they figure out that their rates are too high and that the loan program that they have isn’t the right one for them, it’s too late and they are in financial trouble or at risk of loosing their homes” says Tonya Huddleston, Vice President of E Finance Your Home. Huddleston’s husband and business partner was a victim of predatory lending a number of years ago and it cost him dearly. Out of frustration E Finance Your Home was started as an information service to inform the consumer of what to look for when searching out a lender.

The company prescreens member loan officers by requiring at least three referrals from their past clients, heavily interviewing them and insuring their rates are lower than their competitors before they can become part of the service. “Statistics indicate that Blacks and Hispanics are more likely to get a higher rate on their home loan even if their credit scores are the same as other groups. We’re here to stop those unfair practices” explained Huddleston.

The company which is experiencing an overwhelming response, is headquartered in California and will eventually expand nationwide. E Finance Your Home provides potential consumers with free informational pamphlets explaining what to look for in a mortgage lender, periodic newsletters to inform consumers about loan programs that are available and a free referral service to prescreened, trustworthy loan officers.

For more information, a free consultation and/or an information pamphlet, phone 1-877-243-0651, email info@efinanceyourhome or visit the website at www.efinanceyourhome.com.