Ensuring A Smooth Loan Transaction. Tips, Do's, Don'ts.

During the processing of your loan request, and until your loan funds, please keep in mind the following:

1. Check your voice mails and/or emails daily and frequently, and please respond promptly.

Loan commitments, credit reports and other time-sensitive documentation have a limited shelf life.
We don't want to see you lose your loan because of bad timing. Furthermore, having to start the
process over again, may complicate and further delay your ability to obtain a mortgage. So, please
respond to our voice mails, emails and other requests for information and supporting documentation.

Most mortgage loans are granted based upon the borrower's credit score and other factors which
were true at the time credit was pulled. The higher your score, the more favorable your loan terms
will be. However, each time your credit report is requested by a different type of lender, your score
goes down.

Mortgage lenders accept the first tri-merged credit report MortgageMatch pulls to preapprove you.

But, they will pull their own reports only a couple of days before your loan closes... just to see if any
significant changes have occurred. If your score goes down between our credit pull and the lender's
credit pull, you could lose your rate and terms, or worse yet, you could lose your loan.

One of the most important aspects of how a mortgage lender views your credit is how you've payed
your current mortgage or rent. Therefore, during the processing of your loan, and up to its funding date,
do not make your mortgage or rent payments more than 30 days after their due date. If you have a
choice (do I make a house payment or a credit card payment?) make the mortgage or rent payment.

Shopping for a car or other major purchase will most likely involve a credit check by the Seller (see
No. 2 above). If you purchase or lease that item, you will be obligating yourself to another monthly
payment even if the payments and/or interest are deferred. Any additional monthly payment you
acquire could affect your "Debt-To-Income (DTI) Ratio". If your DTI is too high, you may not qualify

for the loan or receive final approval.

If you're a wage earner and are working for someone else, right before your loan funds, the lender
will want to see a copy of your most recent paycheck stub. It is their way of confirming you still have
a job. So, please get in the habit of faxing your loan consultant your most recent paycheck stub
right up to the day your loan funds.

Please don't take the above information lightly. Unfortunately, we've had some borrowers actually
lose their loans after they were preapproved because they didn't adhere to the advice above.

We'll have some more tips and insights into the mortgage process for you over the next few days.
All of this is provided to you to help make the process go smoother, easier and sometimes,
faster. If you ever have any questions or concerns, you are more than welcome to call us toll-free
at 1.888.890.5625.