Get a Mortgage Loan Faster
When you let Artisan Mortgage
professionals help you find the mortgage loan that's
right for you, you truly are taking advantage of some of the area's best
technology and expertise to get you a loan decision and funding on your
mortgage loan
quickly.
Have everything ready and in
one place. Elsewhere on Artisan Mortgage website, you'll find a list of things
you might need in support of your mortgage application. If you get them
all together and keep them in a safe, portable place like a special
pouch or folder, you can cut down on time spent rooting around for
things Artisan Mortgage may need. Also, you'll help cut down on your own anxiety and
confusion.
Be honest and complete when you fill out your
application. "Fudging" your employment or residence history or
omitting open credit accounts you'd rather not have considered doesn't
increase your chances of getting a favorable loan. In 100 percent of
cases, it makes it harder, and take longer.
Respond promptly to requests
for additional information. During processing, Artisan Mortgage or the lender
considering your mortgage loan may need additional information. Provide it as
soon as you get the request, or return the call as soon as you get the
message.
Be prepared to explain derogatory items in your
credit report. If you had an
illness or a divorce where you missed or made late payments, or you have
other instances of late payments or delinquencies on your credit report,
be prepared to explain them. Be honest, and don't be nervous! The mortgage loan
processor isn't judging you, they're trying to fill in all the blanks in
their paperwork.
Let the appraiser in! The
appraisal is one of the lengthiest parts of the mortgage loan process.
Studies have shown that the single biggest factor in appraisal "lag
time" is the appraiser's inability to reach the homeowner to make an
appointment. If you're refinancing and the appraiser calls to make an
appointment, make it as soon as convenient for both of you.
