Filling out a mortgage application may prove to be a long, exhausting process. Fortunately, we’re here to help you streamline the mortgage application process so you can move one step closer to acquiring your dream house.

Now, let’s take a look at three tips to help you approach the mortgage application process with confidence.

1. Be Thorough

A mortgage application likely requests a lot of information about you, your finances and your employment history. However, it is important to answer each mortgage application question to the best of your ability. Because if you fail to do so, you risk delays in getting approved for a mortgage. Or, perhaps even worse, a lender may decline your mortgage application.

In addition, be honest in all of your mortgage application responses. This will ensure that if your mortgage application is approved, you will receive a mortgage that corresponds to your finances.

2. Ask Questions

There is no need to leave anything to chance as you complete a mortgage application. Thus, if you’re uncertain about how to respond to various mortgage application questions, reach out to a lender for assistance.

Remember, there is no such thing as a “bad” question, especially when it comes to filling out a mortgage application. Lenders employ friendly, knowledgeable mortgage specialists who are happy to assist you in any way possible. Work with these mortgage specialists, and you can get the help you need to finalize your mortgage application.

3. Get Multiple Quotes

It may seem like a good idea to complete a single mortgage application to request home financing from a single lender. Yet doing so may be problematic, particularly for those who prioritize affordability.

Ultimately, meeting with multiple lenders and getting several mortgage quotes is ideal. If you shop around for a mortgage, you may be eligible for a low interest rate that helps you save money when you complete a home purchase.

Once you finish a mortgage application, it may be only a matter of time before you find out if you have received approval. Then, if you receive a “Yes” from a lender, you can accelerate the homebuying journey.

Of course, for those who plan to buy a home soon, it may be beneficial to employ a real estate agent. This housing market professional can put you in touch with the top lenders in your area, as well as help you complete a home search in no time at all.

A real estate agent typically learns about a homebuyer’s goals and crafts a strategy to help this buyer accomplish his or her aspirations. Furthermore, a real estate agent provides recommendations and tips to help a homebuyer make informed decisions throughout the property buying journey. And if a homebuyer ever has concerns or questions, a real estate agent is available to respond to them.

Ready to complete a mortgage application? Use the aforementioned tips, and you can finalize a mortgage application, obtain home financing and make your homeownership dream come true.

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11 University Ave,



Burlington, MA 01803

Single-Family

$1,579,900
Price

12
Rooms

4
Beds

3/1
Full/Half Baths

New Construction! Classic traditional Colonial boasting 3,700 SF in great location. Beautiful open floor plan offers 12 rooms, 4 bedrooms and 3.5 baths with separate laundry room on 1st floor. Quality details throughout. Gourmet eat-in kitchen displays granite counters, large island and stainless steel appliances. Entertain your guests in a grand formal dining room that leads to an amazing 26'X24' first floor family room with gas fireplace, vaulted ceiling and hardwood floors. Formal living room on 1st floor or maybe an office extends many opportunities for today's living. Master bedroom on the 2nd floor offers a luxurious en-suite and walk-in closet. 3 additional bedrooms all with hardwood floors on the 2nd level and full bath. Kids will love the playroom on the lower level for having fun with friends, also an aupair suite w/ full bath. A short distance to Lahey Medical Center, shops, restaurants and major routes.

Open House

No scheduled Open Houses

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