Why Honesty is Important When Applying for a Loan
from Finance with Fernando Hosted by Fernando "The Mortgage Maverick" DaCunha
Have you ever applied for a loan and inflated your income or maybe didn't mention something to avoid follow up questions? It's quite common. In this episode I break down why it's important to bring up different aspects of your finances at the application stage for your home loan, instead of avoiding the conversation. When you're working with a lending advisor, we need to uncover the full picture of your finances to make recommendations and provide the probability of approval. Finding out if we may face issues at the beginning of the process allows us to make changes and prepare accordingly. This is the audio from my YouTube video which can be accessed here: https://www.youtube.com/watch?v=z-jWh8Nddrw Now, let's get your home journey started! Enjoy!
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