Mortgage Marvel Stands Behind Fee Quotes with $2,500 Guarantee

""Mortgage Marvel,"":http://www.mortgagemarvel.com/ a mortgage-shopping website with headquarters in Mequon, Wisconsin, recently announced a new guarantee for borrowers seeking closing fee quotes.

[IMAGE] If closing fees exceed Mortgage Marvel's quote by more than $50, the company the difference plus $500, up to a maximum of $2,500.

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""Our fee accuracy guarantee shows our confidence in the fees that participating lenders are disclosing to consumers,"" said Rick Allen, COO of Mortgage Marvel.

Mortgage Marvel receives real-time updates from participating lenders on MortgageMarvel.com.

Borrowers may access fee information by registering on the website with their email address. No other personal information is required to access fee estimates.

""We believe it's important for consumers to understand and know these costs as early as they can in the mortgage-application process,"" Allen said. ""We've worked hard to make sure the closing fees they see on our site are accurate, and we're willing to stand behind them with our guarantee.""

Twenty-five percent of respondents to a recent survey commissioned by Mortgage Marvel said accurate statement of all mortgage-related fees is the most important aspect of a mortgage-shopping website.

Borrowers must register on MortgageMarvel.com, apply for a loan through one of the available lenders, and close the loan within 90 days to be eligible for the new fee guarantee.