My New Blog

Television and radio ads for home loans never cease to amaze me. The dirty little secret in lending is that corporations make huge piles of money by selling (or keeping for themselves) the servicing rights of home loans.  They know that if they just pad the rates by i/8 or 1/4 of a percent, it adds $10's of thousands of dollars to the shareholders income.
They lure unsuspecting borrowers by offering no origination charges or no fees.
Where the best option for borrowers may be low fees at a reasonable rate.
You need to check with us, because we have no shareholders to fund.  We just make common sense loans that are fully disclosed before you spend a penny.