Tehachapi News

Share Your Voice

Report Violation

Are you sure you want to report the following content as a violation?

Just yesterday the phone rang and an agitated caller demanded to know if the mortgage market is “really that bad.” Her family has been in escrow for over thirty days to purchase their new home and is supposed to close escrow next Tuesday. Her loan officer spent three hours at her home last night trying to justify why her loan had just now been declined after he had submitted to six different lenders. In this market, more than ever before, you need the guidance of a seasoned, informed mortgage professional to be sure your transaction closes. How can a consumer be sure they are working with someone experienced in dodging the landmines of ever-tightening loan guidelines? Here are a few questions to ask before you give your personal financial information to just anyone who says they can get you a loan. Are you licensed to write home loans? In California, mortgage brokers are required to be licensed by the state Department of Real Estate. If your provider does not carry...

Please check the following violations, and include anything else in the comment box.

Offensive language

Threats

Inappropriate Content

Other

Comment

Captcha

Please enter the text from the image above

Log In

Welcome to the Tehachapi News, your local source for news and events affecting the residents and businesses in Tehachapi. The Tehachapi News is published every Wednesday, and available through home delivery and at rack locations throughout the area. Post Something! Register Now