Mortgage Consulting Service adds a Hud One / GFE review service

PRESS RELEASE
For immediate release: December 10, 2007

Mortgage Consulting Service / Mortgage Exam
6015 S.Virginia St., #E452
Reno, NV 89502
MortgageConsultingService.com

Reno: MortgageConsultingService.com is announcing the addition to their services with full reviews of Good Faith Estimates and HUD One’s. With the continuing problems plaguing the mortgage industry, MortgageConsultingService.com is now focusing on making sure borrowers do not make the same mistake again…or for the first time. By reviewing the GFE and/or the HUD One, we can help borrowers recognize the added points and junk fees loan officers put in.

In the past few months we have seen more Settlement statements with up to three points added for what should have been a Zero point loan rate. Many of these high point loans are FHA refi’s for sub-prime loans. But while the borrower would qualified for a zero point rate, the loan officer somehow convinced the borrower to accept an average of two points above the origination fee. Borrowers need to be made aware of how to spot unreasonable closing costs.

With this addition of the Good Faith Estimate/HUD One review service, borrowers can get a fast analysis of the closing charges BEFORE they close. All reviews are completed within twelve hours so borrowers are well informed before they spend potentially thousands more than they have to for closing. The fee for this expedited service is only $10.99 and free if the borrower does not receive the review within the promised 12 hours.

MortgageConsultingService.com believes that if more people were aware of the simple common sense precautions to take when shopping for a home loan, more borrowers could obtain a financially suitable mortgage. Mortgage Consulting Service reviews a borrowers situation and mortgage options in order to determine the best suitable program for them-NOT the loan officer! We are the first and oldest service that is purely there to translate the documents into common language and to ask the questions only a seasoned loan professional could know. Borrowers now have a totally unbiased expert available to them to scrutinize their Settlement Statements and help avoid excessive closing costs and junk fees.

Contact Information

J. Arndt

President

Mortgage Consulting Service

Contact via E-mail