At Indigo Mortgage, we’ve always emphasized the importance of shopping around when securing a VA loan. Recent events have highlighted just how vital it is for veterans to be vigilant when choosing a lender. The Consumer Financial Protection Bureau (CFPB) recently fined New Day USA, a well-known VA lender, a staggering $2.25 million for deceptive
Last week we talked about a new national survey conducted by the Consumer Financial Protection Bureau that revealed 77% of borrowers likely overpaid their mortgage loan. This week we want to talk about more of that study’s findings – specifically, the type of borrowers that actually shop around before getting a mortgage loan. The CFPB study showed