Profile picture for John Jung

John Jung

Agent

Bureau of Real Estate, NMLS (6 years experience)

Specialties:
Buyer's Agent,
Purchase Loan,
Refinancing,
Mortgage Planning

Advice

  • (2 Contributions,
  • 0 Best Answers,
  • 0 Helpful)

Contributions are sorted newest to oldest.

Is it a Good idea to work with different lenders at the same time?

Response

I would shop and take the advice of having only one lender pull your credit report and sharing it with others but also request a good faith estimate/initial fees worksheet. You can't judge by rates or even fees alone. They are all estimates and rates change daily so if you can I would meet with your bank's loan officer but also get a recommendation from your realtor and your circle of influence.

  (0)
FHA with a gap in employment history

Response

You also need to prove that your income will continue for the next 3 years. Be sure to have copies of your diploma, transcripts, etc. ready to send to your loan officer.

  (0)