Posts Tagged ‘mortgage home loan’

How To Read A Wholesale Lender Rate Sheet and Beat Mortgage Originators At Their Own Game

Mortgage Banks and Brokers everyday are closing home buyers and refinancers at a higher rate than they deserve! This artificial upping of the rate and the revenue created by doing so are hidden from the customer. This hidden ripping-off of the mortgage consumer is called Yield Spread Premium overchaging if the loan is originated by a broker and Service Release Premium overcharging if the loan is originated by a mortgage bank. Read the rest of this entry »