Just a couple of years ago, Mark and Linda bought their dream home with the help of a mortgage. After a year, their lender reached out with an attractive offer to refinance their mortgage for a lower interest rate. However, after refinancing, they found their mortgage balance growing...
Loan Flipping
6 Ways Your Lender May Be Deceptively Increasing Your Mortgage
Are you aware of deceptive mortgage practices that can significantly hike your costs over time? Here are six ways your lender may be playing the system and what you can do about it: Yield Spread Premium (YSP) Abuse Force-Placed Insurance Unnecessary Escrow Cushions Hidden Fees and Penalties...