If you're nice, merely following up on some 'too good' advertisement and don't like to offend someone over the phone then you're the right whale for these harpooners to go after your money. They got me for $750 called a 'good faith' deposit. This is a good sucker deposit.
They had me clicking on forms on the Internet, which always flusters me—especially when I have someone 'guiding' me over the phone, so I didn't really read them and so I signed every bit of that $750 away. The money is actually held hostage and is only given back if you agree to their loan. I checked with a local mortgage broker and found the closing costs to be over priced.
In the end the deal wasn't that good, would have set me back years in my existing mortgage payments and put me $5,000 more in debt. A mortgage broker can tell you in minutes if they're able to help you if they're any good and it shouldn't cost you $750. This is a major rip-off.
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