Texas Home Equity Cash Out Refinance (A6) | Mortgage Mark
1:46
Texas Home Equity Cash Out Refinance (A6) | Mortgage Mark
Nov 14, 2018
mortgagemark.com
A borrower showed me a quote from another lender the other day. Looked great at first glance super low cash to close. But something felt off. Dig a little deeper… and all the big fees were missing. ❌ Title fees = “Market Price” ❌ Doc stamps = “Market Price” ❌ Insurance? Prepaids? Left blank. It’s like ordering lobster off a menu with no price until the bill comes and it’s $8K more than expected. Was it deception or ignorance? I’m not sure. But either way, it’s wrong and borrowers deserve better.
1:26
A borrower showed me a quote from another lender the other day. Looked great at first glance super low cash to close. But something felt off. Dig a little deeper… and all the big fees were missing. ❌ Title fees = “Market Price” ❌ Doc stamps = “Market Price” ❌ Insurance? Prepaids? Left blank. It’s like ordering lobster off a menu with no price until the bill comes and it’s $8K more than expected. Was it deception or ignorance? I’m not sure. But either way, it’s wrong and borrowers deserve better.
59 views6 months ago
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