What not to do when applying for a loan: lie on your application package. They're super strict about this nowadays, and no banker's going to have any qualms alerting the Feds to your shenanigans. You may have been able to get by with a few "casual errors" or a few exaggerations in the past, but those days are long gone. Bankers and lenders today are downright paranoid about borrowers now. And the processes involved in applying for a Florida mortgage are extremely strenuous.
Take the employment issue that keeps coming up nowadays in all of these blogs that keep people updated about Florida mortgage rates, Florida mortgage companies and the like. They're all abuzz about this thing that's going on with people that are applying for new debt, just before they officially get their layoff notice, because they know that they won't be able to secure any debt after they lose their jobs. But you know what, these Sarasota mortgage companies are so thorough now, with their processes that they'll do some digging and they'll actually find out that the employer or company that the borrower works for us actually laying off a bunch of people, and that the borrower's actually one of them. And if you'd known about this while and during you applied for that Orlando mortgage, then you could be held and judged to be culpable. That's a huge crime, and you'll be charge dot the farther extent possible, for sure, given the circumstances about many of these Miami mortgage companies.
If you're looking for a Miami mortgage company or Orlando mortgage company, give First Nationwide Lending a call; we can help with all your Florida home mortgage needs!
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