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Emmanuel Ajala

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6 Signs of a Bad Loan Officer

Published 06/10/2022 by Emmanuel Ajala

Loan officers are supposed to help borrowers in the application process. Unfortunately, there are mortgage lenders who take advantage of unsuspecting borrowers by tying them to an unmanageable mortgage term, high interest rates, or exorbitant closing costs. Although it’s not always easy to detect bad loan officers, there are signs you can look out for to smell danger from afar.