Today, on “Today in Mortgages,” we’re continuing our conversation about what buyers are doing wrong when home shopping. 

We look at the second half of Tuesday’s article today from Realtor.com “10 Things Most Homebuyers Get Wrong About Getting a Mortgage Today.”

6) Failing to check your credit score
7) Picking the wrong type of loan
8) Understanding fees involved outside of the downpayment
9) Not preparing for a low appraisal
10) Not shopping around for the right lender

As we mentioned before, as professionals we need to get ahead of these misconceptions, communicating the correct information on the front end to help your borrowers. 

If you found this episode informative, consider joining Rich Inside the Network for daily coaching and more resources to stay smart in the mortgage world. For now, thanks for tuning in to “Today in Mortgages.” We appreciate you, and we’ll catch you next time!

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Today in mortgages is produced by Network Funding, LP, which is an equal housing lender, NMLS# 2297. The content of this program is meant to be a commentary on mortgage and real estate news and any discussion of rates and or products should not be taken as individual mortgage or home buying advice or pricing estimates, and any commentary on this show is should not be considered a promise to make a loan. All applicants for a loan must qualify and you should consult a professional regarding your individual loan scenarios for your financial situation. Visit our website at nflp.com/licenses for all state licensing and other legal information.

Today in mortgages is produced by Network Funding, LP, which is an equal housing lender, NMLS# 2297.

The content of this program is meant to be a commentary on mortgage and real estate news and any discussion of rates and or products should not be taken as individual mortgage or home buying advice or pricing estimates, and any commentary on this show is should not be considered a promise to make a loan. All applicants for a loan must qualify and you should consult a professional regarding your individual loan scenarios for your financial situation. Visit our website at nflp.com/licenses for all state licensing and other legal information.