Do's and Don't's For a Smooth Mortgage Process: Part 2

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We could all use a little comedy considering the recent rise in rates . But delays in the loan process are no laughing matter, costing you more and more as rates rise (even if you lock your rate, extensions are more expensive in this environment). With that in mind, here's the second installment of " do's and don't's " for prospective borrowers embarking on, or already engaged in the home mortgage process. In case it needs to be said, the "don't's" are strictly for comedy (though most are based on real world examples of things that will kill or greatly delay the mortgage process). The "do's," one the other hand, are potentially valuable nuggets of information that may greatly benefit your mortgage experience. In fact, most of them can end up making a difference in the success or failure of...(read more)

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Source: http://www.mortgagenewsdaily.com/channels/community/311905.aspx

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