Mortgage Companies and Brokers prey on confused and ill-informed homeowners. Knowledge and careful comparison shopping levels the playing field when taking out a mortgage loan. This free video tutorial includes all the tools and knowledge homeowners need to avoid being taken advantage of when mortgage refinancing.
Albuquerque, NM (PRWEB) January 16, 2007
RefiAdvisor.com has released its new mortgage video tutorial. The tutorial is a free, six-part video series that teaches the fundamentals of the retail mortgage industry and how to avoid overpaying for a mortgage loan. The video tutorial was written and produced by retired mortgage broker and eZineArticles.com author Louie Latour.
This Mortgage Refinancing tutorial teaches homeowners how different mortgage markets work and how loans originated in the retail market include Yield Spread Premium in the mortgage interest rate. Yield Spread Premium is the retail markup of a homeowner's mortgage rate by the loan originator and results in paying thousands of dollars in unnecessary mortgage interest each year.
The Mortgage Tutorial also teaches free strategies for boosting credit scores before applying, how to comparison shop for the best mortgage loan offer using the Good Faith Estimate, and pitfalls to avoid when mortgage refinancing on the Internet.
Negotiating with a loan representative is an important part of mortgage refinancing. Homeowners who learn to ask the right questions when negotiating for a mortgage can avoid paying Yield Spread Premium and many other common mistakes Americans make when mortgage refinancing.
According to Louie Latour, "Mortgage Companies and Brokers prey on confused and ill-informed homeowners. Knowledge and careful comparison shopping levels the playing field when taking out a mortgage loan. This free video tutorial includes all the tools and knowledge homeowners need to avoid being taken advantage of when mortgage refinancing."
To register for this free mortgage tutorial visit: http://www.RefiAdvisor.com
About Louie Latour
Louie Latour specializes in showing homeowners how to avoid costly mortgage mistakes and predatory lenders. For a free, six-part mortgage refinancing video tutorial, which teaches "Win Smart/Win Ugly" strategies for finding the best mortgage loan and saving thousands of dollars in the process, visit RefiAdvisor.com.
Robert Regehr, Director of Public Relations
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