- FHA Mortgage Insurance Premium Updates Effective October 4, 2010
- Financial Preparedness Being Prepared Starts at Home
- Energy Savings Don’t Be Left Out In the Cold
- Cash Out and Pay Off Put Your Equity to Work
- Shorter Term Means Big Payoff Refinance to a 15-Year Loan for Huge Savings
- Refinance Options New Programs for Homeowners
- Keep Your Mortgage Running Smoothly Managing New Lending Guidelines
- Lending Guidelines for Today Keep Your Mortgage On Track
- Income Property It May Be The Right Time to Buy
Keep Your Mortgage Process Running Smoothly
New lending guidelines mean more scrutiny on every loan application. To keep your mortgage process on track without unnecessary hiccups in approvals, be sure to double-check important information.
Your Name – believe it or not, this is a biggie. Include any name (maiden, nicknames, Jr., III, etc.) under which you’ve borrowed money to avoid being penalized for someone else’s credit mistakes.
Your Social Security Number – be sure it has been recorded correctly, because it will be thoroughly investigated and a wrong or transposed number could result in a declined loan application.
Your Credit Report – do not allow anyone to check your credit, for any reason, once you have begun the mortgage process. Your mortgage consultant will check your credit score when you apply, and any additional inquiries during the mortgage application period could pull the rug out from under your home loan.
Don’t let a minor mistake cause problems for your home financing. Talk to your Axiom Mortgage Consultant to learn the best ways to keep your mortgage process running smoothly.
© 2010 Axiom Financial LLC. All services rendered by Axiom Financial are to assist in providing mortgage loans. OAC. Not an offer to lend.
