Be open to asking a million questions (9/9)

Be open to asking a million questions and acknowledging when the lender uses unintelligible industry jargon. There are myriad moving parts in a mortgage loan and most of the details are esoteric and wholly confusing to an outsider. 

As a result, insiders use all kinds of words and phrases, assuming the listener is fully comprehending. It’s OK to say, “Wait a minute, that thing you just said? I have NO idea what it means!” A good lender should be patient and thorough, willing to slowly walk the borrower through every step of the process; but the borrower needs to get that ball rolling by asking the questions in the first place!

Contributor: Michael Hausam from

Written by Nathaniel Fried

Co-founder of Fupping. Busy churning out content and building an empire.

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