Cheapest-HomeLoan.com
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Cheapest Home Loan, Cheapest Home Loans, Low cost home loan by JR Middlebrook
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Excerpted from the website:
- The Problem: Lending Middlemen Charge Hidden Fees
- Since the dawn of time the unscrupulous mortgage broker firms and their loan officers (a.k.a. the banking "middlemen" and "women") have been banking on the fact that you don't know what you are doing as a real estate consumer. The real problem often arises when one loan officer will quote you one rate from the bank programs that appear easiest, most familiar and most profitable for them as loan officers, and they are not thinking enough of you as the consumer. This even happens when they know you, for instance, when the loan officer is your first cousin, best pal or neighbor. Often times it happens without them even realizing what's going on. That sounds horrible right? How does this happen? Why do they do that when it is in the best interest for the consumer to have the opposite? Why would a loan officer want to offer higher priced loans that are most convenient for the loan officer and not the consumer? It happens because many loan companies want their loan officers to tout that they have access to quite a few banks and lending institutions, even hundreds. In reality, however, they only push one or two rates because it often times is in the loan brokerage company's best interest to keep doing business with a few banks in which they have established relationships that credit thousands of dollars in hidden fees back to the loan brokerage company in one way or another. How can they get away with that? Well, the loan officers typically pass the cost on to the consumer using higher built in fees to cover the loan officer, brokerage and bank costs as well. Horrible! I can help you have better choices, faster service and cheaper rates! All you have to do is sign in for my free loan quotes below. Afterwards, if you wish and you are locate in the US, send me a real estate request to buy a home.
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