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In the past year the mortgage industry has bee turned upside down and rolled over a few times. Many banks and loan programs that were readily available to consumers have now disappeared. This makes it very difficult for the mortgage broker in the business to navigate through the many restrictions and limitations placed on borrowers.
For these very reasons it is more important than ever to make sure you are dealing with a mortgage broker who can navigate you through all the complexities of today’s market. Like anything else you can try to do it yourself but more than likely if you don’t know what you are doing your not going to get the result you were looking for.
It is my advice that you speak to a loan professional, I repeat a mortgage broker and make sure that you are being guided in today’s market properly.