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Tips to remember during the mortgage process & More Latest News

 

HUNTSVILLE, Ala. (WAFF) – The mortgage process might be anxious.

There are paperwork to gather, credit score scores to overview, and rates of interest to lock in. To assist alleviate a few of that stress, we’ve put collectively a fast record of do’s and don’ts to remember in order that your mortgage process might be speedy and uncomplicated.

We talked to the Senior Assistant Vice President of Mortgage Services at Redstone, Melissa Blankenship. She shared this stuff to take into consideration in case you’re about to buy a house.

  • Do – Get Pre-approved. Submit requested paperwork to the mortgage originator in a well timed method.
  • Don’t – Go house-hunting with out understanding what you possibly can afford.
  • Do – Pay all current money owed well timed, even these being paid off with the new mortgage.
  • Don’t – Make main purchases or Open up new traces of credit score.
  • Do – Maintain your present job and revenue.
  • Don’t – Quit or Change Jobs.
  • Do – Make a paper path or doc all massive deposits or stability transfers.
  • Don’t – Close or open any new accounts.

For extra methods to save, be certain to tune in at midday each Friday for WAFF 48′s “Financial Friday” section.

Tips to remember during the mortgage process

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Tips to remember during the mortgage process

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Tips to remember during the mortgage process

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