WealthMov of the week: Six Steps in Getting A Mortgage
For this WealthMov we are going to Evan Duby, a real estate broker in New York. He has some great insight into the mortgage industry and helps to simplify a super-complicated process of getting a mortgage.
Pay close attention. While he does speak in simple terms, the process of applying for and getting a mortgage can be a grueling one. As he mentioned, the automated underwriting can hurt you even if you would be a great borrower for the bank (because computers aren't always right).