1. Start by gathering your personal information
a. Credit score and history, check for any derogatory comments
that can be cleared immediately
b. Understand your income and any debts that you have
responsibility for
2. List your objectives
a. Refinancing to get a better rate or term, debt consolidation
b. New home purchase
c. Is cash flow or building equity more important to you?
3. Ask questions
a. Is there anyone I trust to give advice concerning my
financing options?
b. Does a close friend or relative know of a trusted source?
c. Follow this Website to interview prospective
mortgage companies
d. Investigate the companies by calling the Arizona State Banking
Department to see if any complaints have been filed against them
4. When you find the right company or companies, ask for
a free consultation to determine your financing options
a. Ask for a Good Faith Estimate and Truth in Lending Statement
to compare loan programs
b. Follow the questions outlined in this Website to fully understand
the recommended loan programs
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