No matter what your credit history is, or what your circumstances are, the Internet has made the home loan process much easier. This article will outline a five-point plan to assist you in your pursuit of financing online:
Step 1: Don’t be afraid to go shopping.
Discussing personal mistakes in life can paralyze us with fear, namely, getting into the “bad credit” issues. But getting into this “stuff’ is completely unnecessary in the preliminary phase of shopping for a loan, beyond the basic information provided in an online short-form.
In other words, you don’t really have to talk about the nitty-gritty details, until after a loan offer has been presented to you. So don’t fret about it at first.
Because we’re on the subject, if you are a consumer with credit history issues, let me briefly take this opportunity to state the obvious:
1. You’re no different than anyone else. We all live imperfect lives.
2. Credit problems do not make you a bad person, and are really just reference points.
3. There are loan products designed for you.
4. There are lending institutions that...