Tips for Avoiding a Predatory Mortgage Loan

A predatory mortgage is a needlessly expensive home loan that provides no financial benefit to the gorrower in return fo the extra costs. In many cases, homeowners are deceived about the loan's true costs and terms or are pressured into signing loans they cannot afford. Many of these homeowners lose their homes to foreclosure.

Tips for Avoiding Predatory Lending and Foreclosure

A predatory mortgage is a needlessly expensive home loan that provides no financial benefit to the borrower in return for the extra costs.  In many cases, homeowners are deceived about the loan's true costs and terms or are pressured into signing loans they cannot afford. Many of these homeowners lose their homes to foreclosure.