I got a call the other day … (What are they (some mortgage lenders) thinking - really!?)

In Buyer Beware!, Mortgage Accelerator Blog, Mortgage Accelerator Problems by Ken Stone (October 23, 2008 10:24 pm)

From a mortgage lender in California.  One of his clients had signed up for some free information on my site …  He had a bone to pick with me (this is a true story).  So I returned his call to see what he had to say.

He first started getting excited about how I could possibly give personal advice to one of his clients that contradicted his advice.  In truth, his client (who I never had talked with) signed up for an e-course that discusses how to go about owning a home free-and-clear in the fastest way possible (how to pay off a mortgage quickly and smartly).

After I got straight what he was excited about I asked him what his approach with this client was for helping her pay off her mortgage early.  Turns out, he’s a fan of the traditional mortgage accelerator programs - you know, the ones that cost big bucks and create additional revenue for mortgage lenders without requiring them to originate a mortgage?  The ones that don’t really help homeowners in any real way, and quite possibly put homeowners at substantial financial risk (never disclosed - only discovered when it’s too late)?

I started picking apart his argument for the program he was advocating, explaining why it was such a mistake for his clients - how his advice could really harm his clients - and how he could be doing better for his clients - actually HELPING them to accomplish their goals.

This was his response after I gave him the cursory overview of my DVD Workshop (seriously):  How am I supposed to make a living if I give my clients that kind of advice?

Seriously!  Not “That doesn’t sound like the right approach.”  Not “I don’t think that works.”  Not “Well my approach works better.”  None of that.  Just ”how am I supposed to make a living?”

An important insight into to the mortgage accelerator world and the mortgage lending world!  If you’re tempted to get involved with a mortgage accelerator program, please invest the phenomenally modest amount required to get my Mortgage Accelerator Workshop to your door.  Then watch it.  Then give me a call for your complimentary 20 minute consultation.  I’ll save you serious money (and brain damage and help you avoid serious financial mistakes) - in the process helping you make serious money.

Doubt what I’m saying - or that my heart’s in the right place?  Call me on my personal cell and see if I’m for real.  970-691-9933.  I’ll answer your quick questions and you can see where I’m coming from.   Then you can decide the best course of action for your situation.

Good advice for good folks trying to do the right thing and get ahead financially.

Thanks for reading!

To your optimized financial health,

Ken

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