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If you have questions about the mortgage process of buying a home or the ins and outs of refinancing then this is the show for you. Join Cross Country Mortgage Regional President Bill Litton as he breaks down key lending terms, answers listener questions, and provides you tons of tips and education about the mortgage world.

You could save thousands of dollars on your next mortgage decision just by tapping into some of the great information on the Smart Mortgage Show.

Schedule a time to meet with Bill and and don't hesitate to reach out with any questions. 484-352-4151. NMLS #147060.

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  2. Should You Disclose Everything During the Pre-Approval Process?

Should You Disclose Everything During the Pre-Approval Process?

Feb 13, 2025

For many prospective homebuyers, the path to homeownership begins with securing a pre-approval, which not only indicates how much you can borrow but also sets the stage for a smoother homebuying experience. Once you’ve been pre-approved, how much information do you need to share with your lender before the closing date arrives? Today we’re going to answer a question about disclosing a major life change and give you insight from the lender’s perspective.

Here’s what we discuss in this episode:

0:00 – Intro

1:40 – Today’s question

3:18 – Big expenses before closing

5:50 – Will your lender know?

6:55 – Protecting the buyer

8:26 – Final thoughts

 

CONTACT:

Schedule a time to meet with Bill here: https://calendly.com/blitton/

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