 |
It
is Illegal for
Lenders to Discriminate.
|
A
lender's financing
decision and processing
cannot be based
on such factors
as race, color,
religion, gender,
disability, marital
status, national
origin or familial
status. Discrimination
is against the
law in every state
and the penalties
are severe. |
|
| A
Marketed "Low" Rate
May Not Be Your
Final Approved
Rate. |
Be
careful not to
get too attached
to a lender selling
certain types of
loans at very low
rates. Most published "low
rates" are
only available
to "perfect
credit" customers.
Until you have
a final mortgage
commitment, you
are simply discussing
general loans and
rates. Don't be
fooled. |
|
| In
Terms of Credit,
Don't Settle
for "No". |
Just
because your credit
score does not
qualify you for
a particular loan
at a particular
rate does not mean
you are out of
luck. Keep shopping
and keep looking.
Lenders like Pan American Mortgage
have become leaders
by finding ways
to say "Yes" when
others say "No." |
|
| It's
Fair for You
To Shop Around
for the Best
Rates and Terms. |
Just
as it's fair for
lenders to review
your qualifications,
it's fair for you
to compare lenders.
Shop around to
get the best rates
and terms. Speak
with local lenders
and real estate
brokers. |
Copyright © 2008 Pan American Mortgage |