“The Message that a Continuing Education Course is Giving the Public?”

“The Message that a Continuing Education Course is Giving the Public?”

 

 

 

“You should consider consulting a qualified independent credit counselor or other experienced financial adviser regarding the rate, fees, and provisions of this mortgage loan before you proceed with a mortgage application”

 

I am almost done with my continuing education courses for 2015, 20 hours’ worth. I wanted to share the above statement as I was floored by it. Here is what the message is for me, they want the public to know that mortgage brokers cannot or should not be trusted.

 

I can definitely understand a second opinion from a doctor depending upon the seriousness of the medical issue. If it was a heart issue would you go to a podiatrist or internist? Of course you wouldn’t.

 

What doesn’t make any sense is that when it comes to a mortgage, getting a second opinion from a credit counselor or financial planner makes little sense in most situations. It is so hard to understand and credit counselors and financial planners are constantly referring their clients to me. That is not to say that I don’t consult with a financial planner if there is that kind of question.

 

How would you have interpreted this message?

 

Image courtesy of stuarmiles/freedigitalphotos.net

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Joe Petrowsky, NMLS #6869

Right Trac Financial Group, Inc. NMLS #2709

110 Main St.

Manchester, Ct. 06042

Office: 860 647-7701 x116

Fax: 860 647-8940

Cell: 860 836-9294

Email: joe@righttracfg.com

www.righttracfg.com

www.joepetrowsky.com

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Joe Petrowsky does not guarantee nor is in any way responsible for the accuracy of the information provided herein, and provides said information without warranties of any kind, either expressed or implied.

Equal Housing Statement: We are pledged to the letter and spirit of U.S. policy for the achievement of equal housing opportunity throughout the Nation. We encourage and support an affirmative advertising and marketing program in which there are no barriers to obtaining housing becuase of race, color, religion, sex, handicap, familial status, or national origin.

Comment balloon 28 commentsJoe Petrowsky • November 30 2015 01:20PM
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