Blog, Educate Yourself
AVOID THE SALES TALK WHEN YOU REFINANCE
March 5, 2009 by Mortgage Align · Leave a Comment
When you go and ask for any mortgage information the sales talk begin. They want to sell you a package which will be most beneficial to them. The real estate person wants the sale and the lender wants to sell a loan. So, they have to convince you.
They talk like salesmen to sell you the best deal, in which they get a hefty commission.
People ask questions related to their monthly repayments and not much attention to the rate of interest. The lender makes profit on the interest he can give you. Higher the interest, bigger is his commission.
You should be cautious about there talks and use your own instincts and calculations. Also take a second opinion, before finalizing.
