Could you explain the basic mortgage process and some things that people might not realize about it?
About Eric Smart
Ares Mortgage
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- Mortgage Professional
- Licensed Loan Officer
- NMLS Licensed
- Mortgage Specialist
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The mortgage process begins with the application, where the borrower provides information about their income, assets, and debts. This information is crucial in determining the type of loan and the amount that the borrower qualifies for. It’s important to be transparent and provide all necessary information upfront to avoid any issues later on. Skipping steps or withholding information can lead to problems down the line.
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