Sometimes you can be a victim of predatory lending without even realizing it. Once such technique is called “loan steering” and you could be directed to a high priced loan that could cost you your house.
Home Equity Theft Through Contractors Still a Problem
A classic means of taking advantage of homeowners involves contractors who agree to provide financing. Watch out for this old scam that still works.
When Your Credit Score Isn’t Really Your Credit Score
Potential home buyers are often told to “check your credit score” before applying for a mortgage. That’s a great idea, but many buyers don’t realize that not all scores are the same. What they should be checking is their FICO credit score.
Time to Consider Your Home Equity Line of Credit?
Interest rates are rising, and that will increase the payments on your home equity line of credit. Is it time to consider exchanging that useful financial tool for something else?