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Some Red Flags for Doctors and Others to Consider
From Infographics Archive
Mortgage loan officers with questionable ethical standards profited sweetly during the go-go years of the real estate boom, mostly by pushing risky loans to borrowers who didn’t necessarily have what it took to qualify for one the honest way.
The Red Flags
Now, thanks to new legislation and regulations, predatory loan officers are all but out of business. But. that doesn’t necessarily mean you should trust your lender wholeheartedly.
Here are some of the red flags that your loan officer may not be completely honest with you — along with signs that they do have your best interest at heart.
Assessment
Link: http://www.infographicsarchive.com/economics/how-to-detect-a-dishonest-mortgage-loan-officer/
Conclusion
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Filed under: Ethics, Investing, Mortgage Electronic Registry System | Tagged: Mortgage Loan Officer, predatory loan officers | 7 Comments »
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