I’m seeking to interview business/finance faculty, personal finance experts, real estate attorneys, and other professionals for the following story (no lending professionals please): QUESTIONS: 1. Why is it important for prospective mortgage borrowers to be prepared and understand how mortgages work? 2. Explain how a reader can determine if they are ready to purchase a home and pursue a mortgage loan. Explain the different expenses they need to prepare for, including monthly mortgage payments; homeowners insurance; utilities; appliances; maintenance; labor for repairs; any others? 3. Explain what’s involved with gathering and preparing the documents needed by the lender for a loan application. 4. Suggest how to best research mortgage lenders and compare them based on different factors like reputation, terms, conditions, and other features. 5. Explain what a mortgage preapproval and preapproval letter is, what lenders ask for any application, and what the letter will include. Provide a brief but comprehensive overview of what the preapproval letter will look like. 6. What is the difference between prequalification and preapproval? 7. What should borrowers do after they have the preapproval letter in hand? How can this letter help them during the home shopping process? 8. Suggest how borrowers can and should create a list that will help them narrow down the home they want. Offer practical advice that can help them communicate their desires with a real estate agent and potential home seller. 9. Provide an overview of how to make an offer on a home. Discuss how a real estate agent may be able to assist with this process, and suggest what to do if the offer is countered or declined. 10. Explain what underwriting is and what to expect during the underwriting process, as well as what the lender may ask for and why. 12. What is your full name, title, company, city/state location

posted5/27/2025

deadline5/29/2025

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published9/23/2025