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Showing posts from July 14, 2019

Do’s and Don’ts While In Process of Getting a Mortgage Loan.

Assuming you have already decided to get a  mortgage loan  or a refinance, we can discuss a few common do’s and don’ts while you are in the process of getting one. This way you can avoid any pitfall that could lead to cancellation of the loan that you and your loan officer have been working so hard. Preparation It doesn’t matter if you are getting a loan or a refinance, what is important is that you prepare well before you apply for the same. It includes in making sure you have all the documents ready like your W2’s, pay stubs, home owner’s insurance, bank statements, etc. Keeping your debts to a minimum could be a great help. Check your credit score before you apply and make sure there are no discrepancies on your credit. Even if there are, get in touch with the respective creditor or the  credit bureau  to get it resolved before you apply. If you are planning to buy a new house make sure you know how much you can afford