Since it's happened several times and again just recently, I felt it was an obligation to warn uninformed buyers...BEWARE OF THE CROOKED LOAN OFFICER!!! I'm amaized and dumbfounded at the same time that some loan officers continue to do the same misleading practice over and over again. Amaized because they continue to get away with it, and dumbfounded because I can't really see why they bother to do it in the first place. If they aren't getting paid until a transaction closes, why would a loan offericer ever tell an innocent home buyer that they can qualify for a mortgage that they have no chance of getting? Maybe I've just had a string of bad luck over the years, but it seems like I come across mortgage loan officers each year that will tell a buyer they qualify for a mortgage of let'...
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