Beware of Home Loan Scams!
If you are in
the market for a new home loan, then this is
information you need to read to save you
thousands--did you know that in the home loan
industry it is legal to "hide" loan costs to consumers.
Did you know that...
- Most home loan lenders charge a higher
interest rate than you need to pay, costing
you thousands of dollars over the life of the
- 70% of home loans today are done by mortgage
brokers, who get paid for
charging you a higher rate?
- Lenders pay their brokers and salespeople incentives for charging
you a prepayment penalty?
- Realtors and brokers work together, with realtors even
referring you to these brokers or even getting
- Escrow officers sometimes work with lenders
to hide thousands of dollars of extra interest
you're paying, saying your hidden fees are
"no cost to you"
- Many brokers use "bait and switch"
techniques saying you qualify for a good loan, then switching to
with higher rates and penalties
- Lenders pull your credit to get you to go
with them, knowing your credit looks worse
with every pull.
Homebuyers End Up Paying $30,000 Too Much On Their
Home Loans Or More!
If you have used
a mortgage broker on a home loan recently, chances
are you were fleeced for thousands! If you don't have a home
loan yet but are about to, here is what you need
brokers receive massive incentives to give you
loans you don't want including...
adjustable rate, COSI, COFI or other
loans that could later hurt or bankrupt you
especially at the last minute of
the loan, when consumers are most vulnerable
pre-payment penalties that lock you into bad
Can Get The Loan You Deserve!
You can get
the loan you deserve if you know how to ask
for it, including:
how to get the interest rate you really deserve, even
if you are unemployed, have less than
"A" credit, or are self employed
how to stop
brokers from pulling your credit before you
know they can get you a good home loan
words to say to know if they are getting a
kickback for quoting you a higher rate
words to never have a prepayment
Got An Industry Veteran To Tell You How To
Would you believe we got a mortgage broker to tell
all? His wife is also in the loan business
as an underwriter. After 20 years in the business
he has stories such as:
- how brokers get you to pay additional
interest rate points, costing you 10, 20 or
30,000 more on your home loan
- how brokers routinely get bonuses and
rebates for charging you high rates and
- how to know exactly what the interest rate
really is before you talk to a broker
- how to stop a broker from looking at your credit without
your consent, which is illegal
- how to get a good faith estimate before
showing your credit report
- how to save up to 30,000 or more on your
loan by knowing how to ask for the right rates
- when to lock your rates like a savvy
Forget Asking Your Realtor
or Escrow Officer For Help!
estate professionals try to be helpful, they often
have an incentive to help each other -- and you
pay. Realtors can steer you to loan brokers rather
than other types of lending options. Escrow
officers explain away thousands of dollars of fees
at closing as "not being paid by you" when they
are! You can't afford not to know
about your home loans anymore. We've got
information to arm you properly.
Can Help You Succeed At Getting The Home Loan You
We've created a report that gives you the exact
words to use with your mortgage broker and you deal
with them on their level, including:
-Get brokers to disclose thousands of dollars
of fees that would normally stay
"hidden" from the line items of your HUD
-Stay away from adjustable rate loans, even when
the broker says you don't qualify
-Stay away from ugly prepayment penalties, that
deny you the opportunity to refinance or sell
freely later on
-Save thousands by getting the rates you want
-When to lock the rate and when not to
-Questions to ask about your loan that could
save you thousands of dollars or even bankruptcy
down the road--loans such as COSI, COFI, Interest
Only and others.
Download our report "What Your Lender
Isn't Telling You" and save thousands over
your mortgage career. A one of a kind opportunity.
Click the book and Download Now.