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Mortgage Good Faith Estimate

Mortgage Broker Compensation

Very few homeowners understand how mortgage brokers are compensated for their work. As a result, nearly everyone overpays in one form or another…mortgage brokers are very similar to used car salesman. Pressure sales tactics and improper disclosure of fees and markup are common tactics employed by mortgage brokers…so much that the Secretary of Housing and [...]

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Good Faith Estimate Secrets

Your Good Faith Estimate is a disclosure document that is supposed to give you an estimate of various fees and costs associated with your mortgage. It is important to understand that the Good Faith Estimate is simply an estimate and does not have to accurately represent your total costs and fees when taking out a [...]

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