Mitchelson Quoted In CBS Moneywatch Article: 5 Refinacing Killers...and How to Avoid Them

Licensed mortgage professional Randy Mitchelson shares tips on how to prepare for a mortgage finance in Jeff Wuorio's article at CBS MoneyWatch:

5 Refinacing Killers...and How to Avoid Them

http://moneywatch.bnet.com/saving-money/article/how-to-refinance-now-and-avoid-rejection/370914/?tag=fd-must-read;main-promo

Underwriters have a lot of time on their hands these days to scrutinize loan files. Consumers should work with a licensed mortgage professional ahead of applying for a loan to review the entire scenario. This will allow red flags to surface ahead of time.

How do you know if the mortgage person you are dealing with is licensed and reputable? Consumer can enter their zip code at http://www.namb.org/assnfe/SearchBroker.asp?TYPE=LENDING_INTEGRITY&SnID=1647248346 and find a local broker that has earned the Lending Seal of Integrity from the National Association of Mortgage Brokers.