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Predatory Lending is an abusive lending practices that include making mortgage loans to people who do not have the income to repay them or repeatedly refinancing loans, charging high points and fees each time and “packing” credit insurance onto a loan.
This is a blog post for Real Estate Professionals, Investors, Landlord, Property Manager, and Property Management Companies. Predatory Lending is brought to you by SimplifyEm Pay Rent Online and Property Management SoftwareYou might also want to read:
- Mortgage Guide – How Predatory Lenders Could Trap You How Predatory Lenders Could Trap You: 1. A lender or investor tells you that they are your only chance of getting a loan or owning a home. You should be......
- Mortgage Guide – Tips to Watch out for Predatory Lenders In communities across America, people are losing their homes and their investments because of predatory lenders, appraisers, mortgage brokers and home improvement contractors who: * Sell properties for much more......
- Landlords and Rental Property Owners Guide to Refinancing Your Home in Foreclosure Depending on current market interest rates, operative lending practices, and your credit rating, you may be able to obtain an entirely new mortgage loan on your home with which to......
