Assistance

Bait & Switch

• Qualified borrowers steered away from affordable loans

Balloon loan refinanced with excessive fees

Required credit insurance

• Credit life insurance
• Credit disability insurance
• Unemployment insurance

Prepayment insurance

• Penalties for paying off a loan ahead of time to keep loan continued as long as possible

Flipping

• Repeated refinancing of loan balance into a new loan, sometimes without knowledge of the borrower
• Inflated appraisal values of your home.
• High interest rates and excessive fees