Mortgage Refinancing Guide

Refinancing Mortgage Rates Section


 

Refinancing Mortgage Rates Navigation

Mortgage Guide Home Page
Partners
Tell A Friend about us
Mortgage Loan Refinancing |
Home Mortgage Refinancing Loan |
Mortgage Refinancing |
Mortgage Refinancing Rate |
Mortgage Refinancing Rate |
Mortgage Refinancing Quotes |
Refinancing Home Mortgage |
Refinancing Home Mortgage |
Home Mortgage Refinancing Loan |
Mortgage Rates Refinancing |
Best Mortgage Refinancing |
Mortgage Refinancing |
Mortgage Rate Refinancing |
Best Mortgage Refinancing |
Mortgage Rates Refinancing |

List of Mortgage-Refinancing Articles

Refinancing Mortgage Rates Best seller

Buy it Now!



Best Refinancing Mortgage Rates Products



"Legit Online Jobs" - Click Here To Start Earning Today!


Ovation Credit Services
Check out Ovation Credit Services ... Fix your credit profile today! Ovation specializes in credit report repair. This is an awesome program. They get fantastic results and you'll be amazed at the low monthly fee. Highly recommended!


"How To Get A Mortgage"
Terrific resource on obtaining a mortgage, even if you've been foreclosed or filed bankruptcy. On sale now for only $10.00!


Click Here!


Loan Officer 101 Loan Officer Training. Learn How To Make $100,000 Per Year As A Loan Officer With This 18-lesson Training Program, Complete With 28 Marketing Ideas - Now Is The Time To Prepare For The Next Wave Of Lending!

Click Here!


Personal Loans & Visa Approved At Abacus
Offering Personal Loans, Credit Cards For The Credit Impaired.


Click Here!


Mortgage Secrets For Investors
Mortgage Secrets For Real Estate Investors E-book. Stop Getting Bullied By The Banks And Start Closing Your Investor Loans!

Click Here!


Bad Credit Personal Loans Regardless Of Bad Credit - Up To $25,000
Click Here!



Sitemap



Social bookmarking
You like it? Share it!
socialize it

Newsletter

Subscribe to our newsletter AND receive our exclusive Special Report on Mortgage-Refinancing
Email:
First Name:



Main Refinancing Mortgage Rates sponsors


 



Newest Best Sellers


 

Welcome to Mortgage Refinancing Guide

 

Refinancing Mortgage Rates Article

Thumbnail example

How To Avoid Scams While Refinancing

from: Mortage & Debt Facts



Refinancing your mortgage is a great way to save money, gather more equity, and reduce your interest rates. Unfortunately, there will be shady lenders and brokers out to scam you of your hard earn cash and the chance to get that better deal. However, not all bad deals are the result of scams and unscrupulous lenders. Many are to due to the borrower’s lack of knowledge and preparation.

So, how can you recognize a scam?



The answer is easy enough though it is often overlooked, and that is common sense. The first precaution you will need to avoid refinancing scams is plenty of research. Today with the internet, research on anything is quick and easy. A few phone calls, a few online searches and you will know enough about mortgages to recognize a scam.

Become familiar with the mortgage lingo and the common phrases used, this will help cut through the quick talk and the acronym peppered speeches.  While researching, you will also want to know what rights you have and what the lender's legal obligations are. You will be able to avoid any frauds that will take advantage of your rights as you go through the process of refinancing your mortgage if you can just be aware of exactly what is going on.

This research will even enable you to go through the paperwork process with only a minor headache and a complete understanding of what it is your John Hancock is scribbled on. Paperwork is often the quickest way one will use to scam you, so it is extremely important to read everything and understand it all before signing.

If you have a question a reputable lender will be more than happy to provide an answer, so this is a telling sign. Do not sign with anyone that asks you to trust them blindly. While you read the paper work pay special attention to the fine print and additional fees that you will be asked to pay.

Remain Vigilant Against Scams Using Knowledge & Common Sense



At all times you must remain vigilant against scams and frauds. A scam artist will never tell you that he is trying to take you for all you have, at least not out right. It is up to you to ask the right questions, read the paper work, and gather knowledge on your own. A reputable lender will be more than happy to share information, explain procedures, and answer any questions that you may have. It is generally a good idea to go with established refinancing companies with a history of service that and integrity that you can trust.

Be aware of common scams and frauds that usually pop up during advantageous times in the market. Do not flock to lenders that offer deals that are too good to be true; often times they are.

Vigilance and knowledge can be your two greatest allies in guarding yourself from scams.