I’ve posted about this before…be sure to contact your lender if times get tough. Also, I’ve asked to PLEASE use a local lender because loanguyontheinternet-dot-com doesn’t care about you and they don’t care about their local reputation.
The erudite Rhonda Porter penned this great reminder about how bad lenders do business and how good lenders don’t. If you read down to the comments section, you’ll find a mortgage company that I do a lot of business with mentioned (Golf Savings Bank). I spoke with Chad Crithfield, from our local Golf Savings, and he confirmed that they do not send out solicitations in this way.
Remember Kipling’s If…”If you can keep your head when all about you
Are losing theirs…” Don’t panic and fall prey to the re-finance scams. Read the fine print and call someone you trust for help if you need it.