Does My Arizona Lender Need My DNA?

The running joke and most commonly heard wisecrack in the mortgage world is "do you want my DNA" or "how about I send you my first born."  If I put myself in  the shoes of a client who simply wants to buy a new home or refinance their existing mortgage I can understand why today's mortgage approval process can be perceived as overkill.  To take it a step further, clients who compare their pre 2009 (or before) mortgage experience to that which a mortgage applicant goes through today are in for a … [Read more...]