Michael,
There’s no offense. You aren’t wrong. Rants are therapy for me. I swim with some real scum. I wear a wet suit so they don’t rub off on me.
We are all just friends here that haven’t met face to face.
I don’t care if people shop. I can’t promise the lowest price. From what I see though, many people did get screwed on their loans. I can tell from their last closing statement showing the commission that was paid to the broker and the fees that were charged. I don’t need to know what the rates were that day.
Even intelligent, high wage earners got taken. The severity of the neg am loan has yet to rear its ugly head for many. It was pushed by many because it pays the highest commissions in the industry. Horrible product.
Some people pride themselves in thinking that they got the best deal on a car, plumber, computer, suit, loan etc. Does one ever really know ?
Plenty of businesses aren’t cheap, and people know it, and still shop there for quality, service, etc.
Is gambling on the internet with the largest financial transaction of one’s life risky ?
Making sure people understand their options and loan is my priority. I’ve heard horror stories of some online loan shopping experiences.
I try to explain that you don’t shop for rates, you shop for people to educate you and help you through the process.
