Kelly Gebler, Broker
Your Nines Team @ Keller Williams Realty
Check the APR Clacs, the Prepayment issues, the rate, the Cost sheet.... yes I agree with Marvin who I have not seen in Years but who is one of the if not the most knowledgeable guy I ever crossed paths with. Glad to see you on here Marv!!!
Anyway... Susie read the docs and refuse to close if the terms are wrong. The majority of people just sign as they are overwhelming at best.
Re/max Metro Gold
Disclosure laws have changed so radically this year that we mortgage brokers are having difficulty staying abreast. Any time the government starts playing with rules for something about which they are mostly ignorant, no one wins. I am unable to directly answer your question because I took 6 months off (after 30 years in the biz) and am just now coming back to sort new laws out and see what new plans are going to harm borrowers instead of helping them.
Marvin Von Renchler, Tigard