‘Measure twice, cut once’ is used so often, it’s cliché. But that doesn’t mean it’s not practical advice. In the mortgage industry, measuring twice means checking and rechecking the information and background in mortgage applications. Knowing before owing is key to a healthy deal that will benefit both parties. One tool that is an excellent resource is PACER. PACER is Public Access to Court Electronic Records, and many mortgage professionals. And people from many other industries, find it invaluable in conducting their due diligence, and you can use it too! PACER is found online, and you can learn more here.
