Mortgages, loans, financial matters

Archive for the 'Mortgage' Category

30 Apr

Online Mortgages

Web portals are as guilty of making extra profit on your loan as any loan originator on the street.  If you search for a loan on the web, you will run into two different types of companies.  One is a list broker.  They are not in the mortgage business.  It is their job to persuade [...]

25 Apr

The Mortgage Industry’s Dirty Little Secret

Now, let me tell you the secret no broker or bank wants you to know.  Almost every loan has at least 2% (or 2 points), and more often than not, 3% in it for the broker or bank as the mark-up/profit. (This is a good time to toss in a little industry lingo). A point [...]

© 2011 Mortgages, loans, financial matters | Powered by BA