|
| |
bait and switch: Why APR is Worthless. - 05/15/07 01:29 PM
Do you know what APR is?
Do you know why it is higher than your interest rate?
Do you know why you should ignore it?
If you don't know the answers to these questions you don't have a good understanding of you're mortgage. When you don't have a good understanding, you're not in control of your mortgage - and when you're not in control you have a good chance of ending up with a Blown Mortgage.
What is the APR?
APR stands for Annual Percentage Rate. It is the calculation of your true cost of borrowing the money for your home loan over the life … (3 comments)
|
bait and switch: Blown Good Faith Estimates - 04/12/07 11:20 PM
Many people that I know ask me to review their GFE's to make sure they're not getting ripped off. I help people even in states where I don't do business because I believe that helping people understand what they are looking at will somehow come back to me in the long run - heck, maybe they move to California.
Well here is a GFE that I got that I just had to share, if you ever see anything like this please just stop in your tracks, immediately, and find someone else to work with.
Read more at blownmortgage.com.
… (26 comments)
|
|
|
|
|
|
|
|
Disclaimer: ActiveRain Corp. does not necessarily endorse the real estate agents, loan officers and brokers listed on this site. These real estate profiles, blogs and blog entries are provided here as a courtesy to our visitors to help them make an informed decision when buying or selling a house. ActiveRain Corp. takes no responsibility for the content in these profiles, that are written by the members of this community.
© 2012 ActiveRain Corp. All Rights Reserved
;)
;)
