Forget ME NOTS for home loans and mortgages
Things to remember when applying for a home loan.
Check your credit and contact my mail or email any errors to correct.
Make sure your funds are ready to wire.
If you have money overseas
or in crypto currency you need to know what the time line is to cash
the money into United States dollars.
Make sure your identification is current for notary.
Don't plan a vacation during the escrow period.
Know how to open your email daily during the process.
Familiarize yourself with docusign by watching some Youtube videos.
Keep a notebook of all the houses you like.
Know the price you can afford.
Understand the principle and interest payment as well as what
property taxes and fire insurance will cost.
Homeowner Associations are also another consideration.
HOA fees always increase and though you maybe don't have
to maintain certain home structures such as roof, the HOA
has to have enough funds for disaster and enough coverage
in the Master Insurance Policy. You also will need a HO6
policy
