You’re getting ready to buy a home or refinance your home with your closing day around the corner when your mortgage originator contacts you to let you know there may be a problem. Some issues may not revealed until days or sometimes weeks into a transaction. Anytime documentation is provided to the mortgage company, it has the potential to raise more questions or require more documentation to satisfy underwriting guidelines. Here are five situations to be aware of that can cause headaches during the loan process.
Form 4506: Not Just for Stated Income Loans Anymore
September 11, 2008 by 7 Comments
I like to check out how my readers found me via the terms that were entered into a search engine (such as Google or Yahoo). Earlier this week, someone asked:
Why did I have to sign a form 4506?
