Summary:
Unbeknownst to the average American, they are losing over $1,000,000 for their retirement because they aren't talking to financial advisors about their loans.
Getting a mortgage loan or a mortgage loan refinanced without a financial plan is one of the worst decisions Americans make every day.
Unbeknownst to the average American, they are losing over $1,000,000 for their retirement!
Don't get me wrong. Mortgage loans are a necessity of life. However, mortgage loans in Nevada can be dangerous if a family doesn't get a financial advisor to help them.
Nevada mortgages can be dangerous because:
* Lenders in Nevada only need to fill out a form to get their mortgage license.
That's right! Anyone with a pulse can offer a mortgage loan to consumers simply because he or she turned in a form. Most of the mortgage lenders in Nevada became mortgage brokers simply because they heard of the growing housing market and are desperate to make high commissions off of those who don't know any better.
* Private mortgage companies can only offer one or two specific mortgage loans.
Private mortgage companies are not looking out for the consumer's interest. They will do anything to sell you on a mortgage loan, even if it isn't right for you, your lifestyle, or your budget. Because they have contracts with certain loan companies, they can only sell you one or two specific mortgages, and their commission depends on it.
* Desperate mortgage brokers will do anything to make a sale