Reported 2 days ago
A recent report reveals that predatory lending practices can cost U.S. homebuyers billions. Key signs to look for include high upfront fees for low rates, undisclosed closing costs, vague fees, false promises of free refinancing, discouragement of comparison shopping, lack of total estimates, and the use of confusing jargon. Educating oneself and comparing multiple lenders can help avoid falling victim to such tactics.
Source: YAHOO