Rancho Cucamonga, California (PRWEB) April 05, 2013
In light of near record-low home loan interest rates and a rebounding economy, loans.org released a comprehensive guide to buying a home.
To deliver quality information, loans.org interviewed a wide range of professionals in the mortgage loan industry and compiled their advice into a single article. These experts answered important questions on the more complex steps in the home buying process, including “Should I rent or buy?” and “How do I get pre-approved for a home loan?”
Not leaving out the potential pitfalls faced by many home seekers, this homebuyer’s guide concludes with a cautionary discussion of the common mistakes that some mortgage loan borrowers make.
Daren Blomquist, Vice President and Spokesperson for RealtyTrac, told loans.org of what he believed were some of the biggest mistakes that homebuyers in our current market are succumbing to.
“In this market, the top two mistakes are lack of persistence and not having financing in order before making an offer,” he said.
This guide is meant to assist both first-time homebuyers and seasoned investors alike.
To read it in its entirety, go to the following web address: http://loans.org/mortgage/articles/one-stop-guide-buying-home
For additional information on mortgage loans, as well as access to a free-to-use mortgage quote comparison form, please visit http://loans.org/mortgage.
loans.org is a leading lending authority website that covers financial news, produces informative articles, and answers frequently asked questions. In addition to providing lending-related information, loans.org also hosts a variety of free online application forms for prospective borrowers to use when applying for loans.
For more information, please contact: