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Real Estate Tips
Financing Your Home >They Said Yes

Applying for a mortgage loan brings out the paranoia in everyone, even those who are most compulsive and consistent about paying their bills on time. Remember that the lender wants your business and will do everything possible to help finalize your home purchase.

There will be nothing to worry about if you have paid your bills more or less on time. If you have a record of late payments but no serious credit problems, you may have to provide the lender with a written explanation of why certain payments were late. The loan approval may depend on whether or not the excuses are reasonable. Your lender can probably help you work things out if your problems are not serious. If your credit problems are serious, it will help to sit down with a lender even before you begin house hunting.

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Real Estate Trivia
Q 
In what movie did a cute extra-terrestrial take refuge in a California home on a cul-de-sac with a mountain peak towering behind it?

A 
Steven Spielberg's 1982 classic "E.T." was filmed in a real house on Lonzo Street, Tujunga, northeast of the San Fernando Valley.
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Chris Pagano, REALTOR®, real estate agent and broker for Chicago, Gold Coast, Lincoln Park and  Lakeview, Illinois home listings, property and land for sale - NUMBER1EXPERT(tm)

Chris Pagano
Coldwell Banker Residential

1840 N. Clark St
Chicago, IL 60614
Phone: 312-475-3209
Fax: 312-884-8629
chrispagano@NUMBER1EXPERT.com


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