Once upon a time, you could have a 10 minute phone call with a lender and get a mortgage funded within 10-20 days. Now loan approvals are back to normal. And by normal, I mean painstaking—as the loan approval process should be. But it doesn’t have to be miserable for the borrower.

I’m linking below to the latest in a series I’ve been doing on Mortgage News Daily to help people understand the loan process and rate markets. ‘How To Shop For A Mortgage’ is a primer on how rates are derived and how to get the best terms. Also linking to my previous piece which details the loan process in terms that won’t put you to sleep. Head on over and take a look.
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My Latest For Mortgage News Daily:
–How To Shop For A Mortgage
–Refi Roadmap: A Locked Rate Isn’t A Closed Loan