What Expect During The Loan Process

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The loan process can be a quick painless one that gets completed in less that 2 weeks or a long an arduous one with no end in sight. What can you the borrower expect? Well first of all, be prepared to provide all the documentation that they request from you. This information is necessary to verify the information in your application. If you withhold information from your loan officer, they will find out and request it so it is better to give it to the up front. Also be prepared to answer any questions that they have about your recent credit history. They are required to investigate any recent credit inquiries you may have had on your credit report. All you need to do is provide the Loan officer with all the information and documentation they need and the loan process should be short and painless.

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