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Tips to reduce mortgage stress. Eliminate luxuries like eating out, takeaways and coffee; Quit smoking; Buy in bulk; and; Habitually make more than your minimum repayment. I’ve lost my job – what now? It’s important to remain in good standing with your lender and avoid missing repayments, particularly if it’s your first home loan.
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Avoiding Stress During Mortgage Process: Teamwork The first and most important thing in the home loan application process is for the loan originator to thoroughly qualify the mortgage loan application prior to qualifying borrowers.
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