HBR 032 – How To Screw Up Your Mortgage Approval – Lying On Your Mortgage Application
By Dan Moralez
One of the easiest ways to jeopardize your loan approval is to lie on your mortgage application. The truth is as lenders, we must verify the majority of the information on your mortgage application. By telling us the truth up front, we can avoid potential problems and pitfalls with the home loan process.
Answering questions completely and honestly helps to ensure that your loan is processed quickly and with the least amount of hassle.
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