Why getting the right loan can be a huge nightmare

ESCONDIDO – We are often asked why there is so much paperwork mandated by the bank for getting the right mortgage loan 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.

If you are buying a home right now, you’ve probably heard people say that in the past, there was so much less paperwork required in order to obtain a mortgage.

There are two very good reasons that the loan process is much more challenging for today’s buyer than it was in the past.

1. The government has...