Mortgage approval is no easy task
Lenders requiring more steps in proving credit, finances
By Dian Hymer, Sunday, October 12, 2008.It wasn't too long ago that home buyers made offers without financing contingencies and closed the deal in as short as 14 days following acceptance. Quick closes are virtually impossible today if you're buying a home with the aid of a mortgage. And, it's highly recommended to include loan and appraisal contingencies in your offer.
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Copyright 2008 Dian Hymer
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