This week we sit down with our loan expert, Laura Morrissey, to talk about mortgages and what you need to know before taking out a home loan.

How to apply for a loan:

1) Finding the best lender – pros/cons

2) All online – easy

3) What items will be required?

4) How to compare rates/lenders

5) Down payment & closing costs – what should you be saving

6) Why not to overstress

Myths about applying for a mortgage:

1) Affects your credit report every time?

2) Rates are locked on day one

Tips - things not to do while building a home:

1) Applying for new credit

2) Big purchases

3) Job/life changes

Stories about interesting situations:

1) Being in the marijuana business and getting a loan

2) Other crazy stories from Laura’s career

Question of the week: What do you want to know about mortgages?

Laura's Website: http://www.lauramorrissey.com/