04/18/2026
🚨Homeowner PSA 🚨
After closing on a home, your clients will likely start receiving a flood of misleading mailers. Many of these companies use the initial lender’s name in bold headlines, with fine print stating they are not actually affiliated—all to trick homeowners into calling.
They often advertise unrealistically low interest rates, but the catch? They “buy down” the rate by adding tens of thousands onto the loan balance—costs that were never necessary in the first place.
đź’ˇ What to tell your clients:
Have them screenshot and send you any suspicious mail so you and their lender can review it together.
Unfortunately, I’ve seen this take advantage of people, especially older homeowners, and it can be very costly. A little awareness goes a long way. Especially if there’s a down payment assistance program that gets paid back as a refinance.
