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Product Teaser
They're like lambs to the slaughter by a pack of hungry wolves!
The "system" is stacked against you!
Mortgage lenders make their money based on how much money you borrow and the points and fees they can get you to pay.
The more money you borrow and the higher fees you pay... the bigger their paycheck! It's human nature -- they will make you pay as much as they make a bigger commission!
Mortgage companies will "gouge" you for extra fees!
Not too long ago some mortgage companies were fined over $8,000,000 (Million!) dollars in a single year for overchargingthousands of borrowers who didn't know how to shop for a loan (source: U.S. Dept. of Justice)!
Those lenders abused borrowers and took thousands of dollars extra out of the borrower's pockets for one simple reason - they knew they could get a way with it!
Sometimes they'll just get you for a little $300 fee here or there - other times they'll stick it to you for thousands in extra interest charges and you may never know it until too late!
My question is - if those companies are the one's getting caught.. how many more do you think are gouging borrowers just like you and getting away with it?
And this is just the tip of the iceberg...
FACT: Every year thousands of people screw up the mortgage shopping process. They get the wrong loan at the wrong price and pay for it dearly until they're old and gray. Here's what I mean... If you overpay for the house, you will get stung for some money and learn a valuable lesson. If you overpay for the mortgage in interest rates, points, fees or other costs, you will pay for your mistakes EVERY month for the next 30 years! FACT: Everybody worries so much about the house that nobody ever gives very much thought to the loan. It's the loan that costs you month after month - not the house. Yet virtually nobody gives more than a passing thought to the financing! FACT: When I protested over the outrageous charges some bankers were bilking out of unsuspecting borrowers I had a manager tell me there was a code of silence among mortgage people about all the extra fees and points - his exact words were "honor among thieves." Well I say "No More!" But I'm getting way ahead of myself... Ex-Mortgage Banker breaks "Code of Silence" Whether it's a new loan, refinancing or a home equity loan - I am going to take you by the hand and teach you step-by-step how to get a mortgage loan without getting ripped off in interest rate, points and "junk fees"... then I'll show you how to manage that loan and all the insurance and tax costs so the loan actually sets you free financially! Now, that's a tall order and I know you're probably skeptical. That's normal and healthy. Let me give you three good reasons I can back up what I claim: Why should you listen to me? Reason one: Did you know that many mortgage brokers can (and will) charge you so much extra in points an fees that they actually make more money than the realtors -- who charge 6%!?! As a 10+ year veteran of the mortgage and real estate business I have seen things that would make most people roll their eyes back in their head in total disgust! I've seen mortgage brokers charge buyers more points than necessary just to make a higher commission. Sad but true...... Buyers and homeowners just like YOU being charged Thousands of dollars extra because of their ignorance! People just like your neighbors have been taken advantage of because they just didn't know any better! ... |
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By The Numbers - Rankings, Stats and More
Release Date:2001-12-20ReviewCritical.com Sales Rank: #12895
Category Rankings:
#1574 in Personal Finance
Price:USD 39.00
Refund Rate estimate:0.73 %
Refund Period: 60 days
Vendor ID:MORTGAGES
Charts
Suggest improvements hereTop Phrases
Report useless phrases here| Phrase | Count | Density |
|---|---|---|
| mortgage financing | 6 | 0.115 |
| interest rates | 5 | 0.096 |
| closing costs | 5 | 0.096 |
| current market | 4 | 0.076 |
| mortgage brokers | 4 | 0.076 |
| mortgage interest | 3 | 0.057 |
| software package | 3 | 0.057 |
| lowest points | 3 | 0.057 |
| mortgage business | 3 | 0.057 |
| extra fees | 3 | 0.057 |
Hosting Location
- Website: http://www.mortgageloantips.com
- Server IP: 72.52.194.24
- Hosting server location :
- City: Lansing
- Region: Michigan
- Country: United States
- Zip:
-
Vendor Updates for Affiliates
Product description updates for affiliates (sales partners) by the owner. Usually short 1 sentence descriptions, with some stats focusing on the profitablitiy of the product trying to convince affiliates for promoting it.- 2011-06-19 : Why Some People Almost Always Get The Lowest Interest Rate On Their Mortgage - For The Least Points - And No Junk Fees!
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