Picking your next mortgage by rate shopping? You might as well be playing Liar’s Poker

Posted by Larry Cragun

Picking your next mortgage by rate shopping? You might as well be playing Liar’s Poker. Click Here for the full article by Rhonda PorterRate shopping to select who will be assisting you with your next mortgage is similar to playing “liars poker”. The Loan Originator who is the most successful at bluffing wins. The fact is, unless you’re locking in the rate at the moment you’re shopping, you don’t have a rate, it’s a quote is all….

This entry was posted on Wednesday, February 6th, 2008 at 11:42 pm and is filed under Chapter 2 - You And Your Lender. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

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