Selling the No Cost Refi

To save the borrower money (correct)

To increase the interest rate

To maintain a long-term relationship

To charge high closing costs

He did not have control over the loan amounts for purchases.

He did not have control over the real estate agents for purchases.

He did not have control over the title company for purchases.

He did not have control over the non-recurring closing costs for purchases. (correct)

They are pressured by the market

They want to make more money from their clients

They believe it is the right thing to do (correct)

They are not aware of the potential risks

<p>When interest rates are at historical lows</p> Signup and view all the answers

<p>He called his clients and told them he had already locked them in at a lower rate</p> Signup and view all the answers