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I recently penned another article for the Bloodhound Realty Blog that I contribute to titled "When Banks Compete, You Lose" that focuses on some of the mistakes that consumers make when shopping for a mortgage.
Some of it is a bit counter-intuitive but vital to protecting your interests as a consumer when shopping for a new home loan. It focuses on choosing your originator before worrying about closing costs, rates and fees on a good faith estimate – and how in fact, focusing on those elements first can lead you right in to the unscrupulous lender’s hands.
I appreciate your feedback on the topic.
Last 3 posts by Morgan
- Subprime Bananas - June 28th, 2009
- Roubini: No confidence in government exit strategy - June 24th, 2009
- Goldman bonuses largest in firm's 140-year history - June 21st, 2009
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