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What NOT to tell your LENDER when applying for a MORTGAGE LOAN

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Have you ever had the terrible experience of having your Home Loan denied? There are many factors involved in getting approved for your loan.

One important facet is knowing what you SHOULD and SHOULD NOT tell your Mortgage Lender. This can MAKE or BREAK your deal!!

Call or Text the King of Real Estate Directly 832-431-6331

*Loan Programs are subject to change based on lender guidelines, economy and market conditions.

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“CONSUMERS WISHING TO FILE A COMPLAINT AGAINST A MORTGAGE BANKER OR A LICENSED MORTGAGE BANKER RESIDENTIAL MORTGAGE LOAN ORIGINATOR SHOULD COMPLETE AND SEND A COMPLAINT FORM TO THE TEXAS DEPARTMENT OF SAVINGS AND MORTGAGE LENDING, 2601 NORTH LAMAR, SUITE 201, AUSTIN, TEXAS 78705. COMPLAINT FORMS AND INSTRUCTIONS MAY BE OBTAINED FROM THE DEPARTMENT’S WEBSITE AT WWW.SML.TEXAS.GOV. A TOLL-FREE CONSUMER HOTLINE IS AVAILABLE AT 1-877-276-5550. THE DEPARTMENT MAINTAINS A RECOVERY FUND TO MAKE PAYMENTS OF CERTAIN ACTUAL OUT OF POCKET DAMAGES SUSTAINED BY BORROWERS CAUSED BY ACTS OF LICENSED MORTGAGE BANKER RESIDENTIAL MORTGAGE LOAN ORIGINATORS. A WRITTEN APPLICATION FOR REIMBURSEMENT FROM THE RECOVERY FUND MUST BE FILED WITH AND INVESTIGATED BY THE DEPARTMENT PRIOR TO THE PAYMENT OF A CLAIM. FOR MORE INFORMATION ABOUT THE RECOVERY FUND, PLEASE CONSULT THE DEPARTMENT’S WEBSITE AT WWW.SML.TEXAS.GOV.”

#angelochristian, #mortgagelender, #homebuyer

Realtor Wants Me To Switch Mortgage Lenders?? First Time Home Buying Tips & Advice 2022 🏠

What NOT to tell your LENDER when applying for a MORTGAGE LOAN

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