Mortgages moving along

I’m happy to report that people are slowly getting used to the “new normal” standard of mortgage documentation. We all know its going to be much harder than it used to be in the “good old days”. If you have a steady income stream, decent credit, and a downpayment, you can get a loan.  One of the things to watch out for is cash deposits in your bank account ( all deposits must be sourced ( show where they came from)). Pay your rent by check so you can show that you paid rent on time if needed. Rates are so good right now, and homes are such a bargain, I think this is going to be moment in time you will be especially glad that you purchased a home due to the very favorable conditions ( except the mortgage paperwork, and that can be overcome). The payments all seem VERY low to me because of the low rates.