Refinance mortgage Thoughts and more
" Hard sell tactics, telemarketing, and junk mail campaigns are all advertising methods that predatory lenders use but legitimate lenders do not. Avoid any lender who uses these marketing tactics. * High interest rates. Interest rates on bad mortgages are usually markedly higher than the market average. Some lenders convince borrowers to accept high interest rates by targeting borrowers with credit ratings poor enough that they are hard pressed to get a home mortgage from a legitimate lender.