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Be VERY Careful When You Work With a Lender!

Jun. 9, 2006
Categorized in: Mortgage Thoughts
Tagged with: mortgage thoughts

"A Lakewood real estate agent has been sentenced to 49 months in federal prison after pleading guilty in March to wire fraud and money laundering that involved arranging more than 100 fraudulent loans and mortgages for illegal immigrants and other unqualified home buyers, officials said Thursday." Article in the Rocky Mountain News Friday, June 9, 2006.

Colorado just passed a law requiring mortgage lenders to register with the state and get a criminal background check because of episodes like the above.  Up till January 2007 Colorado will have been one of only two states where mortgage professionals have not been regulated.  As a result we've seen a lot of so called mortgage professionals go to jail in the last few years.

If you're thinking about buying a home in Denver PLEASE give me a call (303-587-3509) so I can refer you to a tested, honest, competent lender.  I refer my clients only to the best.  You DON'T want to get cheated when you're involved in what is normally the biggest money transaction of your life.

As an Exclusive Buyer's Agent I back the referrals I make with my own reputation.  I owe you, the buyer, a fiduciary relationship where I treat your interests higher than anybody else including my own.

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