mortgage lender scam or not? Entry required.?
I recently received a postcard from a local mortgage bank / broker who has listed the programs really great to FHA loans. (My first was an FHA loan and it worked fine for me.) My mortgage is for a total of 263K. I have a first and a second mortgage of 15 years (a total was related to them), I contacted the lender on the postcard above and obtained a combined offer for both mortgages at 6% 30 years to bring some of my mortgage, where he war.Ich examined the fine details and docs loan reflects a higher loan that I needed. About 15K! I asked the loan is more than I needed and the mortgage broker told me a song and dance costs 15K. I refinanced my house 5 times. I have never seen fees! It was not, including an escrow account for taxes ….