WASHINGTON, Aug. 23, 2016 /PRNewswire/ -- The Mortgage Inspection Service says, "We are urging real estate agents or financial planners nationwide to tell their clients about our incredibly unique service designed to ensure their clients do not get overcharged on a home loan or refinance by a bank or financial institution. When we say overcharged we mean hundreds or thousands of dollars in up-front costs/junk mortgage fees prior to closing, or tens of thousands over the life of the loan-because of an inflated interest rate. Our typical mortgage inspection report identifies $300 to $700 in junk mortgage fees, inflated mortgage interest rates or both.
"If one of your clients has just received a Good Faith Estimate from a bank or a mortgage lender or your client is on the verge of refinancing their home and you want them to have peace of mind in knowing they are not being gouged with junk mortgage fees or an excessive interest rate please have your client call us anytime at 866-714-6466 about taking advantage of our affordable mortgage inspection report." http://MortgageInspectionService.Com
The Mortgage Inspection Service mortgage fee/interest rate report details the following information based on the borrower's Good Faith Estimate from the bank or mortgage lender:
- Is the borrower being offered the best possible interest rate based on their credit worthiness, home equity, and or down payment? If not-what should their home loan interest rate be? The Mortgage Inspection report will address this with special attention given to-what is the best possible mortgage interest rate for the borrower.
- Are there junk mortgage fees associated with this proposed home loan or refinance? If so, what are these junk mortgage fees? The Mortgage Inspection Report will detail all junk mortgage fees associated with the proposed mortgage as part of their written report in the hopes the borrower can get these removed by the bank-mortgage lender.
- Is the loan type-30 year fixed-15 year fixed or adjustable rate mortgage the most suitable mortgage product for the borrower? The Mortgage Inspection Report will address this. The caveat is the borrower must have very good-excellent credit-because these types of borrowers do deserve the best possible home loan interest rates.
- Is the mortgage product being offered by a homebuilder? "Homebuilder mortgages are frequently loaded with junk mortgage fees, and or inflated interest rates.
- The Mortgage Inspection Service warns there is no such thing as a 'no cost mortgage' and borrowers on the verge of accepting this type of home mortgage/refinance should use their service for clarity about the exact costs associated with a "no cost mortgage." http://MortgageInspectionService.Com
The Mortgage Inspection Service's report/analysis includes a brief conversation with the homeowner or home buyer about their credit, specifics about their home purchase or equity if a refinance is involved, a thorough examination of the borrower's Good Faith Estimate, and a written report detailing specific junk mortgage fees, an inflated interest rate-or both. The typical turnaround time for the mortgage inspection report is 48 hours or less, and this service is available for consumers in all states including New York, California, Florida, Texas, Illinois, Virginia, Michigan, Idaho, Indiana, Washington, Massachusetts, Pennsylvania, New Jersey, Georgia, Colorado, Arizona, North Carolina, Oregon, Ohio, Georgia, Maryland, etc.
For more information, a real estate agent, a financial planner, a home buyer or homeowner about to finance or refinance their home are urged to contact the Mortgage Inspection Service at 866-714-6466 for their unsurpassed services. The bottom line is, "Please don't allow your client or yourself to get overcharged a home loan or refinance with junk mortgage fees and or an inflated interest rate from a bank or mortgage lender." http://MortgageInspectionService.Com
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SOURCE Mortgage Inspection Service