As a Real Estate Broker, I work with many experts during a buying/selling transaction. Today, I have called on one such expert, Joseph Meerbaum. As a Mortgage Broker, Joseph knows the financial aspects of a real estate deal, inside and out. I asked him to give us some tips about applying for a mortgage.
8 Big Mortgage Mistakes and How to Avoid Them
by Joseph Meerbaum
Applying for a mortgage can be a challenging experience. For many people, buying a home or a commercial property is going to be the largest purchase of their life and the mortgage, their largest debt, because especially for those buying a home, the debt can be 2-3 times their annual income.