How to spot a bad loan

How to Spot a Bad Loan

Apr 25 2022

Your home is one of the biggest investments of your life, and your mortgage loan is the bedrock of that investment. So it’s important to educate yourself, compare lenders and loans carefully, and take your time before you sign on the dotted line. Risky, unfair loans are the exception, but they’re out there.

Fortunately for homebuyers, shady lenders often give themselves away, and you’re going to be smarter than they are. Watch for these red flags.



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