Question by Jill Girl: Does anyone have any feedback or experience with the James P Nutter mortgage company?
We got an offer in the mail – “Rate reduction refinance program at absolutely no closing cost to you.” There has been a lot of buzz lately about fake mortgage companies that take your money and you lose your house anyway. Has anyone done this or does anyone know for sure if this is legit?
Answer by godged
There is no such thing as a rate reduction refinance program that is free. Considering nothing comes up on a search for this company would be even more worrisome.
99% of these companies are a scam, and I strongly suspect this one is no exception. Throw that in the trash, or better yet, report it to your local lending watchdog group.
Know better? Leave your own answer in the comments!