3 Main Reasons Loans Never Make It To Closing
An episode of the Smart Mortgage Show with Bill Litton podcast, hosted by Bill Litton, titled "3 Main Reasons Loans Never Make It To Closing" was published on October 24, 2024 and runs 12 minutes.
October 24, 2024 ·12m · Smart Mortgage Show with Bill Litton
Episode Description
When it comes to buying a home, everyone dreams of a smooth and celebratory settlement process. Making it to the closing table should be a positive experience, but not all mortgage journeys end happily. Today we're going to discuss why some mortgage loans never make it to the closing table and how you can avoid these three main pitfalls.
Learn more about three main areas that can derail a mortgage: credit issues, income verification problems, and insufficient funds to close. We want to help you navigate these pitfalls and ensure a smooth path to your settlement table.
Here's what we discuss in this episode:
0:00 – Intro
2:02 – Getting to the settlement table should be a good feeling.
3:19 – What credit issues can throw things off track?
4:58 – How to prevent credit issues from holding up closing.
5:54 – Where things can go wrong when it comes to income.
8:07 – The funds to close.
10:17 – How often do closings get held up?
CONTACT:
Schedule a time to meet with Bill here: https://calendly.com/blitton/
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Call: 484-352-4151.
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