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Released: March 01, 2017
Many borrowers say the mortgage process is a major pain
Source: Kenneth Harney, Washington Post (Paid Registration)
At a time of super-strict underwriting standards, record-high credit-score requirements and hard-wired debt-to-income cutoffs, has the process of applying and qualifying gone a little over the top?
Many applicants and borrowers apparently think so. Two new national surveys found that significant numbers of borrowers believe the current mortgage process is a major hassle.
Read Full Article: Many borrowers say the mortgage process is a major pain
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