My Answer: Thank you for your refinance inquiry. Much like my colleagues above have stated, there are a number of cross referenced checks that are done to confirm a property is in fact ones primary residence. Any discrepancies can be grounds for an immediate credit denial and possible insinuation of loan fraud. Obviously in today’s environment, any misrepresentation are severely frowned upon.With regards to which lender you work with, rates and price should be very consistent. A great way to confirm is by comparing the APR from competing firms. My personal recommendation would be to work with someone your are comfortable with, who has been recommended by someone who has already conducted business with that person and/or someone that can furnish references immediately upon request. I certainly encourage you to move forward sooner rather than later as rates have already begun the assent up. I would certainly appreciate the opportunity to be one of those competing for and ultimately earning your business. Best of luck.
Michael C. Parsons
Chairman
Apex Home Loans, Inc.
240-268-3053
NMLS # 13403
