Agent

Insider secrets borrowers aren’t supposed to know

Loan officer tells all in new book

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If you are a home buyer, homeowner, real estate agent or involved with the mortgage industry, "Mortgage Rip-Offs and Money Savers" by Carolyn Warren will be an eye-opening read. The author knows the residential mortgage business as an insider, having worked in retail and wholesale lending as a bank mortgage loan officer for a direct lender, a mortgage brokerage, a finance company and a nationwide home-loan lender. Just for fun, Warren also worked as a licensed notary public, attending loan closings involving many mortgage lenders who created outrageous rip-offs. Although she kept her mouth shut at such closings, where she was hired just to notarize the borrower's signatures, she shares the one closing where she spoke up to warn the borrower he was paying too much for the mortgage. Purchase Bob Bruss reports online. There are many excellent "how to get a mortgage" books, but this one is vastly different because it reveals the insider secrets even many mortgage professio...