You may or may not be surprised by the fact that some people are scared or embarrassed to apply for a mortgage. That Loan Officer is going to see your low credit score, countless recent insufficient funds and that you have been late on your Victoria’s Secret credit card for the last 15 months.
Guess what? The Loan Officer doesn’t even bat an eye at it. I know I don’t.
Do not fear of your past life decisions keep you from applying to own a new home or pay off all your credit card debt using the equity in your home. I have seen so many situations the last 20 years that almost nothing shocks me when people apply.
Many times, people will come to me worried about their credit or financial situation and there was never anything to worry about. We get them approved and they own a home. What if they never applied? They never would have owned a home. Booo!
Sometimes the timing is not right and the borrower has work to do. That is ok as well. Myself and my team will lay out a plan to help you become a homeowner.
So shoot your shot and apply for that loan if it is something you have been putting off. You never know until you try….