Mortgage Negotiators Are Contacting Me

So someone called you or sent you a letter offering their skills as a mortgage negotiator and you want to know if they are legit. Well… that depends (unfortunately). There is no recognized certification for mortgage negotiators and often you can negotiate with a lender by yourself, but sometimes you need the bring in a professional, someone who knows the system, to give you a hand. Since there is no certification and no regulation of these negotiators, some of them might be scammers or frauds so you have to be very very careful when dealing with these people.

My advice is to reach out to your lender first and trying to work out a solution with them yourself. If the lender’s terms seem too difficult or you can’t make any headway, try answering some of the inquiries by these mortgage negotiators. Do some research on them and try to figure out if they are legitimate or just vultures looking for a cheap payday.