Unfortunately there are some unscrupulous lenders out there (just as there are unscrupulous RE agents) who are more interested in their own pocketbook than in your best interests. The nonprofit Florida Associateion of Mortgage Brokers has requested that we (RE sales associates) pass along a few tips to help rid the industry of these unscrupulous individuals and companies. In that spirit, I will be posting each tip individually over the next few days.
SHOP AROUND AND COMPARE - If you need to borrow money for a home purchase, refinance, home repairs, medical expenses or bill consolidation, shop around with different brokers and lenders. Compare interest rates and find out what the total costs of the loan and your monthly payment will be before making a decision. Use the Good Faith Estimate from each application to compare the loan terms and costs.
ABOUT THE BLOG OWNER
TIMOTHY H. FENNELL, PA
Tim Fennell is a Florida licensed Real Estate Broker with Legends Land and Realty, Inc. in Jacksonville, Florida.
His strong background in business development, real estate investments, counseling and marketing greatly enhance his skills as a Listing and Internet Marketing Specialist.
Tim and his wife, Susan, have over 30 years experience in Jacksonville Real Estate sales, marketing and investing. Both are Accredited Consultants in Real Estate (ACRE®). When you're ready to be consulted with, rather than sold to, give Tim and Susan Fennell a call.
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