Mumbo Jumbo

newinvestor44 profile photo

I am applying for a loan to purchase a property. I seems like a lot of useless paperwork. when i bought my first property it was through a different lender and i didnt need half of the documentation. Is there any way ofmaking the process simpler. I have heard about going stated but i also heard there was just as much paperwork with that. all help is appreciated.

Comments(1)

  • jpchapboy28th April, 2004

    It's a royal pain in the @$&*&!^. Going stated is just as big of a pain. basically if you want their money you have to jump through their hoops. You can look for eaiser roads like HELOCs (try Washington Mutual or Bank One) they may be easier but the fact is the bank doesn't want to lend you money unless they are certain you can and will pay it back with a lot of intrest attached. just jump through their hoops and when it's all finished press you nose and say "Purge".
    Josh
    [addsig]

Add Comment

Login To Comment