What are some common mistakes people make during the mortgage process?
About Eric Smart
Ares Mortgage
Credentials & Qualifications
- Mortgage Professional
- Licensed Loan Officer
- NMLS Licensed
- Mortgage Specialist
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One common mistake is not being completely transparent with your loan officer. This includes not disclosing things like a past bankruptcy or a forthcoming divorce. Another mistake is making major changes like quitting your job or starting a new company just before closing on a house. Lenders will do an employment check right before closing to ensure you still have the same employment.
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