MortgagesUndressed

Exposing Mortgage Facts - Making Mortgages Transparent

I Want A Boat - She Wants A House

Buckwheats Magnificent 7 nominated article:The 10 Commandments for mortgage applicants really got me thinking. (as did all of the others of course). The number of people who have gone out and bought a car, time share, or a boat just before coming into a loan application has been more than I would have imagined.

Buckwheat said: “The following is a list of things that I see most often as a Loan Officer, that derail the process of getting approved for a mortgage loan.”

6. Tell your loan officer in advance if you plan on making a large purchase.

However he does say -

10. Do have fun.

For the guy who has to have his boat without waiting: I offer the solution - A starter boat.

3 Comments so far

  1. Buckwheat April 11th, 2007 4:43 pm

    Larry,
    I love it! Can I steal the picture?
    Thanks for the nomination. Once again, you snuck up on me and I found out via a backlink. It is a real honor to be nominated for this contest. What can I do to reciprocate?

    Mark

  2. Larry Cragun April 11th, 2007 4:45 pm

    Youre doing fine, keep on writing the good stuff you write.

  3. Larry Cragun April 11th, 2007 4:47 pm

    Sure, use the photo

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