Ask the Builder: Good set of plans best defense against bad builder » Mortgage Masters Group

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One of the best marketing ideas for mortgage loan officers is to know their ideal customer and address their needs. Just imagine if you could have a personal advisor while looking for the house of your dreams – they meet any of your needs and wishes before you even say them out loud.

Protecting Yourself Against Predatory Lenders. The best defense against predatory lenders lies in educating yourself about their deceptive practices. Following is a list of some of the things to watch out for: Unlicensed Loan Offers. Beware of loan offers through the mail, via telephone or door-to-door solicitations.

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That way buyers might be able to get a good deal on their own. Still, by purchasing these upgrades through the builder, you might be able to roll the cost into your mortgage, as opposed to paying out of pocket. In addition, upgrades completed after the closing will not be covered by the builder’s home warranty – and may void it, Costa warns.

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