Forum Replies Created
- Power Loan Sharks!!!!!!!!!!!!BEWARE!!!!!!!!!!!!!!!
I know of several people who have lost there houses with this mob.What they do is tell you not to focus on the rate ate all and to come to their workshops (form of Brain Washing) to keep you from the truth.
The truth is they get paid 1.4% commision from the wholesale lender usaually Challenger when the industry average for a broker is .70%……..This doubles the effect on your interest rate as the wholesaler adds it on top.
Thats not all they then put on top of YOUR loan around .60% trail income for themselves on YOUR loan for THEIR hip pockets when the industry average for a broker is .20%And this is why their loan rates are higher and this is why they BRAINWASH you into thinking it is not about the rate.
They are charging their so called valued clients 3X the industry standard….where is the ethics in that as they like to preach.They even drop the line that they are so called Christians and work for ethics and give you a long list of trying to reduce the debt of the nation.
Sounds All to shifty for me and now they want to re invent themselves in a new state with a new name…….
POWER LOAN SHARKS
BEWARE!!!!!!!!!!!!!!!
I know of several people who have lost there houses with this mob.What they do is tell you not to focus on the rate ate all and to come to their workshops (form of Brain Washing) to keep you from the truth.
The truth is they get paid 1.4% commision from the wholesale lender usaually Challenger when the industry average for a broker is .70%……..This doubles the effect on your interest rate as the wholesaler adds it on top.
Thats not all they then put on top of YOUR loan around .60% trail income for themselves on YOUR loan for THEIR hip pockets when the industry average for a broker is .20%And this is why their loan rates are higher and this is why they BRAINWASH you into thinking it is not about the rate.
They are charging their so called valued clients 3X the industry standard….where is the ethics in that as they like to preach.They even drop the line that they are so called Christians and work for ethics and give you a long list of trying to reduce the debt of the nation.
They have fetured on TODAY TONIGHT 3 times already have been the hit of NEIL JENMAN and a number of Class Action Law suits from WESTPOINT investors are underway.
Sounds All to shifty for me and now they want to re invent themselves in a new state with a new name…….
