You’ve heard the old saying about a wolf in sheep’s clothing? That’s how we feel about predatory lending and the companies that don’t ethically take care of home buyer’s mortgage applications. We might sound like a broken record but we want to advise borrowers to be very wary of the big national lender predator, the
The inside scoop from Ben Lucero at Indigo Mortgage: I was listening to a radio ad the other day and the lender was saying that they offer a “no closing cost mortgage”, that the lender would pay all the closing costs for the borrower. This is actually a scam. I say that because I had
When we meet with potential home buyers, we always discuss not only what their down payment will be, but what their share of the closing costs will be. Often, these home buyers have already met with another lender yet the other lender didn’t say anything about closing costs that the buyer would pay. These buyers