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Mortgage Training

Are you thinking of taking out a mortgage? If so, there are a few key things you need to do to ensure a successful process. This blog post will cover four of the most important steps: preparation, planning, communication, and execution. Following these steps can help ensure a smooth and successful mortgage experience.


One of the most important things you can do when taking out a mortgage is to prepare ahead of time. This means having an idea of your credit score, your debt-to-income ratio and what documents you will need.

Your credit score measures your financial health, and knowing where you stand, is essential before beginning the mortgage process. Your debt-to-income ratio (DTI) is another key factor that lenders will look at – the amount of debt you have compared to your income. Knowing these two pieces of information will help you determine how much house you can afford and what kind of loan terms you may qualify for.

Taking the time to prepare before beginning the mortgage process is crucial. By knowing your credit score and DTI and gathering the necessary documents, you’ll be in an excellent position to get the right loan.



Planning goes along with preparation, right? So, some of the key things we want to tell borrowers to plan for is to have their documents ready. It is a general rule of thumb on what documents you need. You will need a copy of your state-issued driver’s license or identification card and your social security card.

If you are missing any of these items, it can delay your loan process, so it is essential to have them ready from the start. In addition, make sure you know what your monthly budget looks like. This will help determine what kind of loan makes the most sense for you.

Once you have gathered all of this information, it is time to start looking for a loan originator. This person will help guide you through the mortgage process and answer any questions you may have. They will also be able to provide different options based on your unique situation.

Finding the right loan originator is essential because they will be with you every step of the way. You want someone who is knowledgeable and experienced and who you feel comfortable working with. Take your time in making this decision – it could make all the difference in having a positive experience getting a mortgage.


Communication is always crucial. Once you get lined up with a Loan Originator, be upfront about what you’re trying to do. The LO’s job is to take the information given to them from the borrower and figure out what would be the best scenario for them. They can lay out multiple scenarios to that borrower as there are many loan product options.

Once you have provided all the necessary information to your LO, they will then be able to provide you with several loan scenarios that fit your particular circumstances. It is important to remember that there is no one-size-fits-all solution when it comes to mortgages, so make sure to carefully consider all of the options presented to you before making a decision.


Lastly, that drives us into the execution part of the process. After you’ve chosen a loan originator and gathered all the necessary documentation, it’s time to submit your application. The loan originator will then do a credit check and review your debt-to-income ratio to see if you qualify for pre-approval. If everything looks good, you’ll receive your pre-approval. In some cases, you may be denied pre-approval. If this happens, don’t worry – your loan originator can help you determine the next steps.

It’s important to remember that getting a mortgage is a big commitment. Make sure to research and work with a professional you trust before making any decisions. Following these steps can help ensure a smooth and successful mortgage process.

When it comes to shopping for a mortgage, it’s crucial to compare rates and terms from multiple lenders. This will help ensure you get the best deal possible. At Trident Home Loans, we work with various investors and can offer very competitive rates. We also pride ourselves on our excellent customer service. So, when you’re ready to start shopping for a mortgage, be sure to give us a call. We’d love to earn your business.

To contact Greg Makos, you reach out by email at [email protected] or you can visit his website You can also follow his social media platforms @makosmortgageminutes