Arizona Mortgage, Home Loan, Refinance, Phoenix Mortgage, Home Equity, Is My Loan Fair
Arizona Mortgage, Home Loan, Refinance, Phoenix Mortgage, Home Equity, Is My Loan Fair Is My Loan Fair? Is Your Loan Fair?

10 Things You Never Want Your Lender to Say to You

If you’ve heard any of these things from your lender or broker, check your loan now or call IsMyLoanFair.com at 602-373-8485.

1. “Your loan is free.”

2. “No problem! Loans like this are simple…you have nothing to worry about.”

3. “Your rate is 1.25%, fixed”

4. “Don't you want to save money?”

5. “Your credit is bad so you get a higher rate. That's just how it works.”

6. “Your payment is lower. You’d be stupid not to do this deal.”

7. “I know I told you that there wouldn't be any problems, but my manager changed the rates today and your rate is going up.”

8. “We’re not going to close your loan on time. Its only $100 dollars a day...That's not too bad.”

9. “I know I said you could expect $50,000 from this refi, but it’s $30,000. Sorry.”

10. “Oh, I forgot to tell you that the pre-payment penalty is 5% of your total original mortgage balance, so you’re not getting as much cash as we thought before.”