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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