What are the risks associated with a mortgage from an online company with low rates (ING, Lending Tree)?
Feb 21, 2011 by E train | Posted in Personal Finance
Can anyone explain the risks of getting a mortgage with ING Direct as opposed to a bank (Bank of America)? Are the risks more long-term? What's the worst case scenario? Thanks.
I think the risks are short term. There is a lot of paperwork that needs to be done to complete a loan. If you don't have a person to sit down with you and answer your questions then you probably don't understand the deal and may find out something
ChoDuffield | Feb 21, 2011
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