We know. Stress-free, easy mortgage seems like an oxymoron. In many cases, it might be, but there are steps you can take to simplify the mortgage process and, hopefully, get to the closing without a lot of trouble.
Respond to requests in a timely manner
There are documents you will need to provide throughout the process. These include employment verification, bank statements, income verfiication and many others. If you drag your feet in responding to these requests, you've just made that easy mortgage loan a bit nightmarish.
Make your concerns known quickly
If something doesn't look right on your GFE or something comes up that just doesn't make sense, don't sit on it. Let your loan officer or loan processor know right away that you have questions. Making these concerns known will likely help avoid big problems down the road.
Be prepared for anything
Have your documents readily available. Set aside time for the signing. Have a plan of action if the loan goes sour.
Keep and open mind
A mortgage is a complex and important transaction. You may hit a snag during the process. Preparing for the idea of something going wrong will help you handle the situation with less stress.
Certainly, your mortgage isn't as simple as 2+2, but by being prepared and knowing what to expect throughout the process, you can eliminate - or at least reduce - some stressful problems.
