Posts tagged as:

bait and switch

Buyers Beware: Homebuyer Survey Says – “Market conditions” making lender’s service worse….really?

A Buyer’s Satisfaction Survey by J.D. Power & Associates shows that loan originator satisfaction is down. Much of the frustration comes from longer turn times, which is a completely other subject, tightening underwriting guidelines and unmet expectations.
You see, this doesn’t surprise me at all. I still see it every day, and I’ll be honest with [...]

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Loan Rescue – 911

by Scott Schang November 3, 2009 Red Flags

I really struggle with these kinds of things….on one hand, I am angry and passionate because the so-called professional should have known better. I want to yell from the roof tops. I want to saddle up and do my best impression of Paul Revere.
On the other hand, I think that sometimes there is no intentional [...]

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CalSTRS Bait and Switch Save

by Peter Maldonado October 21, 2009 Loan Programs

Amy was misled.
She had been promised a CalSTRS loan and now her lender was trying to switch her to an inferior and more expensive loan.
She did some homework, and found this site.
She had some tough questions.
She gave me a call, and was able to get the answers she needed.
I started the process and found out that she [...]

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Buyers BEWARE: How do you know when to NOT trust your Agent or Lender?

by Scott Schang September 21, 2009 Red Flags

I’m not sure if this is a good idea to write while angry but i’m gonna do it anyhow.
The reason I put so much time and effort into this website and into training home buyers, Realtors and our loan specialists is exactly for this reason; to keep creeps like this from taking advantage of people!
Here [...]

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What you need to know about finding a lender for the CalSTRS 80/17

by Scott Schang October 27, 2008 First Time Buyer Loans

The CalSTRS 80/17 home purchase loan is hands down the best loan program out there if you are an employed by or teach at any California public school or community college.
If you have already attended one of our on-line classes then you know that this loan program simply does not have enough lenders that are [...]