The House Loan Process in Ten Easy Steps

· Pearson Education
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This Element is an excerpt from Homebuyers Beware: Who’s Ripping You Off Now?--What You Must Know About the New Rules of Mortgage and Credit (ISBN: 9780137020164) by Carolyn Warren. Available in print and digital formats.

The simplest, clearest, quickest, step-by-step guide to today’s home loan processes!

I’ve seen loan process flowcharts so elaborate, I wonder if the author’s purpose was to try to impress me with the complexity and enormity of their job. By contrast, here is a simple checklist that leads you through the steps, from start to finish. Step #1: Get a Good Faith Estimate and choose your loan officer....

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Carolyn Warren is author of the best-selling Mortgage Rip-Offs and Money Savers, a book that became The Washington Post’s August 2008 Book Club pick-of-the-month, and was reviewed in many of the nation’s leading newspapers. Warren has more than a decade of experience in the mortgage industry and worked for some of the nation’s leading retail and wholesale lenders. She has appeared on many radio talk shows, including Bob Brinker’s national Money Talk, and The Gil Rose Show in San Francisco.

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