A common complaint that consumers have regarding today’s mortgage loan origination process has to do with all of the hoops they have to jump through in order to get a loan.
Personally, as a loan officer, I try to be as thorough as possible going into the application to avoid “the last minute chase” for additional documentation. I will be the first to admit, I am not perfect. Best intentions. After each deal is closed, I review the loan and how the process went; did I prepare and ask my clients for all that the documentation needed. Did I take a good loan application? Continue reading “St. Louis Mortgage Rate Update; Jumping through hoops to get a mortgage“