Norwest Mortgage and NewHomeSearch.com have announced a joint venture to help home builders market over the Internet.
NewHomeSearch.com offers new home information, products, and services in more than 40 markets.
Norwest Mortgage, the nation's leading home loan provider and the leading lender to home builders, will use the sales force of its national builder division to offer builders listings on NewHomeSearch.com at a discount.
Separately, E-Loan, a leading Internet mortgage service based in Palo Alto, Calif., announced the formation of its new national home builder division. Using E-Loan's proprietary technology, contractors can create the look and feel of their own Web site giving consumers access to loan information, home builder tools, and tools to monitor mortgage rates.