Whiteboard Topics: Navigating New Mortgage Challenges

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Are you thinking about using a mortgage to buy a lake home? Since interest rates are low, it’s a good time to use a loan. However, mortgaging a home comes with unusual considerations during the pandemic. Lake Homes Realty’s CEO, Glenn Phillips, names these 4 mortgage challenges to keep in mind

  1. Money is not easy or fast
  2. The process requires extra verification
  3. The pre-approved letter doesn’t matter as much as it used to
  4. It’s important to take extra time in the process

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