A survey hit the news recently that highlighted consumer preferences regarding mortgage lenders. One-third of those surveyed indicated that they would seriously consider getting a mortgage through Wal-Mart, while close to half reported that they would contemplate a PayPal mortgage. The punchline, as some of you may have guessed, is that neither of these institutions provides mortgages.
The survey, carried out by the Carlisle & Gallagher Consulting Group, underscores widespread discontent among homeowners—many people out there are only too eager to explore alternatives to their current options. About a third of us are even willing to acquire a mortgage from a company that is in the business of—as Paris Hilton once memorably said—selling walls.
So what exactly is bothering today’s consumers? The survey includes a few other interesting revelations. Respondents frequently cited high costs, slow processing, and poor communication as particularly troublesome aspects of existing mortgage procedures.
If you’re having trouble with your mortgage, you don’t need to beg Wal-Mart for help—just call Long Island foreclosure lawyer Ronald D. Weiss, who has years of experience with null.