Credit Sesame Daily

Browse Categories

How to Detect a Dishonest Mortgage Loan Officer

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. 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.

« Previous Post HGTV to the Rescue: What You Can Learn From Home Buying Shows
Next Post » Home Exchange or Rental Services Can Help You Save or Earn Extra Cash

Related Blog Posts

Building Your Credit While Shopping for a Home? Here’s What You Need to Know
What It’s Really Like to Buy One of Those Cheap $6,500 Houses in Detroit
How Many Credit Reports and Scores Will My Lender Pull?
How to Improve Your Credit Scores Enough to Qualify for Rock-Bottom Mortgage Rates
The First Question of Home Ownership: How Much House Can I Afford?