Important points to keep in mind when getting a loan
Two important points that you should Be careful about when taking a loan for buying a house:
The first one, it's better you choose your loan officer (Loan Officer) by yourself, because the loan application asks for all your identity and financial information or details. If your financial information is disclosed to the seller lender, and that lender does not take the necessary precautions to protect your information, you may be the victim of identity theft.
Second, One of the conditions that the seller of the house may put in when selling the house is the special review of the buyer's financial condition (Cross Qualified) by the Lender or Loan Officer trusted by the seller. This condition is very troublesome and dangerous and you should not accept this condition in any way because You give all your financial and identity information to an anonymous person via email and you do not know who in their office has access to your financial and social information, date of birth, etc.