[VIDEO] Broker Beware: Cheap prices of ‘discount lenders’ don’t tell the full story
It’s so easy for a loan officer to treat a mortgage lender’s rate sheet like gold, focusing on price (and only price) when choosing which wholesale lender to send loans to. But it can easily be a trap. Oftentimes, what looks better at first glance ends up looking less attractive once you peel back the layers of additional fees that come up throughout the closing process.