San Diego Real Estate Blog

November 19th, 2009 4:37 PM

Overall satisfaction among mortgage customers declined 18 index points to in 2009 from 2008, according to the J.D. Power and Associates 2009 Primary Mortgage Origination Satisfaction StudySM.

The average time to approve and close a loan increased to 47 days in 2009, compared with approximately 30 days in 2008, primarily due to increased scrutiny of loan applications and higher origination volumes driven by increases in refinancing, according to the study.

This is why it is so important to get a good lender before ever stepping into one home. Please contact me if you are looking to get pre-qualified for a home in San Diego.

 

Leonardo Gonzalez

http://www.chulavistacommunities.com


Posted by Leo Gonzalez on November 19th, 2009 4:37 PMPost a Comment (0)

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