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Worse thing about applying for a mortgage
amnblog
Posts: 12,784 Forumite
We see all types of problems and concerns on this forum, but as a broker I am interested....
For all borrowers and potential borrowers out there - what is the worst thing about applying for a mortgage?
Your top three issues/concerns/worries
For all borrowers and potential borrowers out there - what is the worst thing about applying for a mortgage?
Your top three issues/concerns/worries
I am a Mortgage Broker
You should note that this site doesn't check my status as a Mortgage Broker, so you need to take my word for it. This signature is here as I follow MSE's Mortgage Adviser Code of Conduct. Any posts on here are for information and discussion purposes only and shouldn't be seen as financial advice.
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Comments
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The waiting - and the anxiety while you wait!0
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Lack of updates and not hearing anything sends anxiety levels through the roof!0
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How would you like to be updated?I am a Mortgage Broker
You should note that this site doesn't check my status as a Mortgage Broker, so you need to take my word for it. This signature is here as I follow MSE's Mortgage Adviser Code of Conduct. Any posts on here are for information and discussion purposes only and shouldn't be seen as financial advice.0 -
Definitely the waiting. My lender were good with updates via email and text but all the documentation took so long. They used 2nd class post which for something so important seems ridiculous!0
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How long is too long?
What is the feeling on how long a inexperienced applicant would imagine a mortgage would take to arrange?I am a Mortgage Broker
You should note that this site doesn't check my status as a Mortgage Broker, so you need to take my word for it. This signature is here as I follow MSE's Mortgage Adviser Code of Conduct. Any posts on here are for information and discussion purposes only and shouldn't be seen as financial advice.0
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