Facts your lender doesn't want you to know:
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After paying 15 years on your 30 year mortgage, you'll still owe 90% of the amount you borrowed | |
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After paying nearly 24 years, you'll still owe over 50% of the amount you borrowed | |
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You'll pay over THREE TIMES the amount you originally borrowed before paying off your mortgage | |
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To make matters worse, the F.D.I.C. estimates that lender mistakes occur in 1 out of every 2 mortgages, overcharging homeowners $8 - $10 BILLION each and every year | |
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