7 Ways to Spot a Shady Mortgage Broker
· Encourages you to falsify your application information to get the loan.
· Urges you to borrow more than you need.
· Pushes you to accept payment terms that you can't realistically meet.
· Fails to give you the required disclosures (e.g., APR, rescission rights, etc.).
· Shows up at closing with a totally different loan product than you agreed to.
· Asks you to sign blank forms. ("It'll speed things up. We'll fill in the blanks later, trust me.")
· Denies you copies of documents you signed.
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