Taking a Seat Back in the Mortgage Manifesto

Sitting at the football game a few weeks ago; it was so crowded in our section that everybody limbs touched. It was probably because there was someone not assigned to that area that made us all pay. If you are a season ticket holder then you can claim your space by renting a seat back. The are there at every gave for you throughout the season. I thought of them as a way to weed out the people that were not suppose to be in that section. This could help the rest of us enjoy the game.  
The stricter guidelines are a way for the mortgage companies to weed out the homeowner's that aren't suppose to be there. As a new homebuyer you have to weed through loan officers, the loan officer and processing has weed through documentation,underwriters weed through the documentation to give a decision and the investors weed through the loans to find a solid one. NOW...  that is weeding in a trickle effect and this happens everyday in the mortgage industry. Which is another reason for the Mortgage Manifesto.

The hard part for everyone is that the untruthful loan officers and borrowers have made it all more difficult for all of us to trust our decision. I just ask that you not listen to the media and trust that you have selected a loan officer based on intuition or referral of a trusted party. The loan officers are trusting that you have given them truthful documentation. When they come back to you for more documentation then you need to know that everyone is just out there to try and show the investor that there is no doubt.

 I have mentioned this before and feel that this needed to be mention again in order for us all to have great experience. Trust you have made the right decision by following the rules and the loan officers guideline. In turn,  loan officer can help to fight your battle one piece of documentation at a time.

Taking a Seat Back in the Mortgage Manifesto