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Loan Application

303-459-6061

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Loan Application

303-459-6061

Upront loan fees: Buyer beware

by | Jan 3, 2012 | Alternative financing, CO hard money, Colorado Hard Money, Colorado Real Estate values, Denver Hard Money, Denver hard money Lenders, Denver Private Lenders, Denver Private Lending, Denver real estate values

I have said for a while now to watch out for brokers/lenders requiring upfront fees prior to closing. This recent article on 9 news in Denver highlights this concern. The mortgage broker is accused of bilking customers out of over 500k in fees without ever providing a...