I had a client who nearly got ripped off big time by an online mortgage company. I referred her to a mortgage lender I know (John Michaels at O’Dowd Mortgage, 602-248-4200) who gave her a far better mortgage with far lower fees.

But apparently not all online mortgage sites are rip off artists. The Mortgage Professor has an article on shopping for a mortgage online. He actually recommends two online companies, Amerisave and Eloan, which surprises me because he’s a bit of a curmudgeon who doesn’t like much of anything.