Wall Street CEOs should return bloated bonuses
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#1 Jul 13, 2008
Lender Police at http://www.lenderpolice.com seems to have taken care of the mortgage lender loan fraud problem for Borrowers, Closing Agents, Mortgage Lenders, and Real Estate Agents.
Always use Lender Police after you apply for a mortgage loan. Theyll tell you if your lender is giving you a good deal or not in one of two ways. You can purchase a good faith estimate review for $99 that will tell you if the interest rate, points, fees, and rebates youre being charged is appropriate for your situation. The loan document review for $199 verifies that the loan documents that youre signing are for the same loan that you were quoted and your lender didnt slip in any extra points, fees, pre-payment penalties, or is receiving a lender rebate for selling you a higher interest rate than you qualify for.
A mortgage loan evaluation from Lender Police is the only way to guarantee your lender isnt trying to rip you off.
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