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The loan process can sometimes be daunting, but not to worry
a mortgage broker or lender will work with you to determine
the best loan product for your needs. Your credit
reports will also be requested by the lender as well as your
personal information.
Under the Truth-In-Lending Act, lenders are required to
disclose the APR to provide you with a uniform and
simple way of comparing loans and to prevent hidden finance
charges.
You will also receive a list of the documents that's you'll
need to complete the loan. Lastly, once every thing is
in place you will sign the final loan papers at the
property closing.
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