Do's and Don't's For a Smooth Mortgage Process

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Posted To: Community Commentary

Every borrower wants their mortgage closing to be simple and stress free. While it may not always feel like it (between loan processors' requests for your 2011 Schedule E and page 6 of March's bank statement), lenders want the same thing. Here are some timely "do's and ( mostly hypothetical) don'ts" for borrowers to consider during the loan application process. While no single list can completely cover all loans, following these " do's and don'ts " during your mortgage application process will help you close your loan faster , sleep better at night, avoid premature gray hair, and help your loan officer give you the best service possible. Look for more helpful hints soon, and happy mortgage hunting! DO: Ask your loan officer questions and listen to his/her answers. DON'T: Solicit mortgage advice...(read more)

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Source: http://www.mortgagenewsdaily.com/channels/community/310951.aspx

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