 Are you a mortgage Orphan?Wednesday, August 26, 2009 - Article by: Scott Lundquist -
I spend a lot of time on the phone educating people and answering their questions. Lately, more and more of these questions are coming from people whose mortgage person is no longer in business or if they are, they can't find them. I now refer to these people as "mortgage orphans." I got one of these calls a few weeks ago from a couple who was frantic about how something they heard on the news would impact their mortgage. They spent the whole weekend worrying about it, as their mortgage was being serviced by that lender that was in "in the news." Their old mortgage person's number was disconnected and they had nobody to call. It literally ruined their weekend because they have a great mortgage and were worried they would have to refinance. And it got me thinking that there are a lot of people out there who have gnawing questions, but don't have anyone to ask them to - let alone someone who knows what they're doing. So, if you are a mortgage orphan or know of one, give me a call (or have them call me) and I'll do my best to answer your questions. |
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