“The mortgage process is the best! I love sending in the same documents dozens of times!” said no one ever. Everyone knows the mortgage process is a massive pain that can take weeks with non-stop document requests every other day. But why is getting a mortgage such a hassle, and can today’s home buyers do ANYTHING to make the process a little less painful?
Actually, they can!
On this Mortgage Monday, Christian and David are giving you the tips you can take to your lender to get preapproved faster without so much back-and-forth. They’ll also explain how the mortgage process works and why having a loan officer or mortgage broker who asks for more documents, NOT less, is doing you a HUGE favor when it comes to closing on time.
So, next time you apply for a home loan, follow Christian and David’s advice to a TEE—it could get you your next property EVEN faster.
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Find an Investor-Friendly Agent in Your Area:
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http://biggerpockets.com/findlenders
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Check Out Another Mortgage Monday Video:
https://www.youtube.com/playlist?list=PLgSUZKLPRI9upGwnyORepWtJD-bLXbUGs
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The “Lowest Rate” Rip-Off and Mortgage Mistakes You MUST Avoid:
https://youtu.be/Kq7SR1prgyc?si=wR0tnLUEjHrmn-6l
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Not Pre-Approved for a Mortgage? You’re Wasting Your Time:
https://www.biggerpockets.com/blog/get-preapproved-mortgage?utm_source=youtube&utm_medium=description&utm_campaign=none
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2 Solid Reasons to Get Pre-Approved BEFORE You Buy Your Investment Property:
https://www.biggerpockets.com/blog/2015-01-22-2-solid-reasons-pre-approved-buy-investment-property?utm_source=youtube&utm_medium=description&utm_campaign=none
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Work with The One Brokerage:
Website: https://the1brokerage.com/
Email: christian@theonebrokerage.com
Intake Email: intake@theonebrokerage.com
Christian Bachelder NMLS 1668250
One Brokerage NMLS 2142653
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Work with David:
Website: https://www.davidgreene24.com/
YouTube: https://www.youtube.com/@davidgreene24
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Connect with Christian and David on BiggerPockets:
Christian: https://www.biggerpockets.com/users/christianb79?utm_source=youtube&utm_medium=description&utm_campaign=none
David: https://www.biggerpockets.com/users/davidgreene24?utm_source=youtube&utm_medium=description&utm_campaign=none
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Follow Christian and David on Instagram:
Christian: @the_one_broker or https://www.instagram.com/the_one_broker/
David: @davidgreene24 or https://www.instagram.com/davidgreene24/
00:00 Why The Mortgage Process Sucks
02:57 Documents You’ll Need
05:34 Getting Your Credit Pulled
06:06 Overlays (Additional Requirements)
08:28 Underwriting “Ping Pong”
12:12 How to Make it EASIER
15:50 Work with Christian and David!