Mistake and Avoiding them[]
It is not uncommon to find many WebPages and news in the printed media telling us about the shattered dreams and traumatic experiences of the people in respect of the mortgage loans. Sometimes, in a hurry to conclude the deal people forget to look between the lines and sign on the dotted lines. At the same time, the high decibel sale-pitch by the professional sellers of mutual loans makes some people to succumb to buy mortgage loans at terms and conditions which do not suit them. Practical experience of Mortgage Geeks reveal many such stories when people get duped while taking mortgage loans. In a way, this apply to may other type of retail financial products like personal loans, automobile loans, credit card products and the list is almost limitless as the financial products continue to be generated in a variety of ways and their vendors and sellers continue to adopt innovative methods to sell the products and trap you. However, it may please be noted that all sellers do not have low ethical standards and many of them are clear and do not hide facts and figures from you.
- In Mortgage Loans – Mistakes and Avoiding Mistakes, you will find many common mistakes which people make while taking mortgage loans. Please share your experience on this page so that others may avoid similar mistakes.