Avoid these 10 Mistakes when applying for a Conventional Loan in Kansas City Whether you’ve already been educated about the benefits of home ownership and are starting a search of your own, it’s time to search for a “mortgage broker near me” and get the professional help you need for this endeavor. However, there are certain errors or mistakes that can adversely affect your search. The following is a list of 10 common mistakes that home buyers often make when applying for a conventional loan: • Applying for a home loan with the wrong person (your approval will be based on the credit histories you share) • Buying a home simply because everyone you know is doing the same thing • Completely draining your savings just so you can make the down payment and not have anything left for other costs and fees • Failing to keep good financial records (i.e. bank statements, employment records, investment records, tax records, etc.) • Not comparison shopping for the best loan product • Purchasing a new car to park in the driveway of your new home • Purchasing more home than you can sensibly afford • Quitting one job to start a new job or to become a stay-at-home parent • Running up your credit cards and going deeper into debt • Starting your own business before the home buying process is completed The best way to avoid making these mistakes is by working with an experienced and reputable mortgage broker. https://www.google.com/maps?cid=11762440658982302319