There's not a lot of logic or common sense involved in obtaining financing for your home. It's very tedious and process oriented. There are many quasi-governmental agencies and regulatory bodies acting as watchdog to the mortgage industry. For a brief time, you will be a victim of these regulators to the extent that your application for financing must comply with extensive rules and guidelines as established by these agencies. As consumers, we all benefit from these rules, guidelines and stringent compliance requirements through great rates on long term interest rates.

The downside is that it is a journey for you into an area ... a process ... a procedure about which you have little if any experience, insight or understanding.

You've searched for your new home and now you've found it and strategically negotiated your purchase. Financing is a key component supporting this purchase. Theoretically, all you should care about is the end result - an approved loan which funds on time. The reality is that you will be forced into this process which we've named the Loan Vortex.