I had to laugh (and isn't laughter the best medication?) when I read that a loan officer referred to "applying for a mortgage" as "a financial colonoscopy." A colonoscopy is not painful but certainly degrading and embarrassing but most of all its is necessary for your health. Perhaps a financial colonoscopy is good for a country healing from too many bad loans over the last decade and the only way to cure it is to try and get it right this time.
Here is the article. Much of which many Realtors tell their clients daily. Don't open any new accounts, or run up your credit, etc.
http://www.washingtonpost.com/wp-dyn/content/article/2011/02/04/AR2011020402736.html
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