Recognizing Predatory Mortgage Lenders A predator is defined as one that preys on others, which is why some lenders have fittingly earned the title as predatory mortgage lenders. Excessively high interest rates, questionable and/or hidden fees and high pressure tactics used to direct borrowers to a larger loan than they may be able to afford are trademark characteristics of a predatory mortgage lender.
Prey Verses Predator When it comes to obtaining a mortgage, the rules of the jungle often apply. If you aren't careful, you may find yourself in the grasp of a questionable foe. … (19 comments)
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Diana Dahlberg
Real Estate in Kenosha, WI since 1994 262-308-3563
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