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Getting A Mortgage: Why So Much Paperwork?

September 11, 2014 7:54 am

Getting a Mortgage: Why so much Paperwork? | Keeping Current Matters We are often asked why there is so much paperwork mandated by the bank for a mortgage loan application when buying a home today. It seems that the bank needs to know everything about us and requires three separate sources to validate each and every entry on the application form. Many buyers are being told by friends and family that the process was a hundred times easier when they bought their home ten to twenty years ago.