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  1. #1
    Join Date
    Oct 2011
    Location
    Amsterdam
    Posts
    15,510

    Do Not Prepay To Refinance Your Home Loan

    Here's some free loan advice. Do not prepay upfront to a broker to refinance your home loan. Homeowners have been warned about this repeatedly through numerous education campaigns. Despite the warnings, scam stories of borrowers who paid $1,000 to $5,000 for a loan mod but received nothing in exchange are widespread.

    "People are starting to pick up on the fact that an upfront fee is illegal," McPhill says. "But the scammer will say 'we are not charging you for the services but for doc preparation,' or they'll offer you a 30-day money-back guarantee."


    Don't fall for this mortgage scam people.


  2. #2
    Join Date
    Sep 2014
    Posts
    15

    Re: Do Not Prepay To Refinance Your Home Loan

    I am wanting to refinance my home now. Any good advice is greatly appreciated.
    Want to learn more about PLR and MRR Products? Simply click here and get Free MRR Products

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