Mortgage companies are PREYING on inexperienced homebuyers with flashy ads promising “special programs” and “free money.” But the reality is, these loans are just REGULAR mortgages dressed up in fancy marketing jargon.
Today, I’ll break down the different types of loans available, expose the LIES behind “no down payment” and “no closing cost” promises, and reveal how even government assistance could end up costing you BIG TIME.
Don’t let yourself become a victim of predatory lending practices! Educate yourself and make a SMART, INFORMED decision about your home financing options.
Chapters
(00:00:00) - Intro
(00:00:39) - The truth about “first-time homebuyer loans”
(00:01:05) - The Big Five Loans: What they really cost
(00:03:31) - The CATCH behind down payment assistance programs
(00:05:09) - CRA loans: A rare unicorn?
Get in contact with me:
💻 Geneva Financial - https://bit.ly/3WTuyWM
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