The internet has improved information sharing, especially about home buying, home ownership and mortgage applications. Nowadays you can go online to almost any lender and learn the information they will need, the application process and the rates and terms available to you.
This information and free data has also made the marketplace more competitive which benefits all consumers. After all, with online lenders you can get dozens of mortgage and loan quotes from the comfort of your home without ever visiting a local bank branch.
By arming yourself with knowledge about the process, and by keeping the personal information you need on hand, your mortgage application process will be simple and straightforward.
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