Obtaining an approved home mortgage loan can be a tedious and time consuming process. When you consider the entire mortgage lifecycle from processing, to underwriting and closing, heaps of documentation will be involved which can inevitably delay the process.
Mortgage loan rejections have fluctuated over the last few years due to a number of factors and it’s therefore crucial that you carefully plan and prepare for your mortgage loan processing.
Applicants not familiar with the home mortgage loan process may not realise that a home loan can differ greatly from getting a car loan or renting an apartment. It’s important that you’re in the know so read on to find out our 5 essential tips for getting a home mortgage loan approved! Continue reading