Percentage of Buyers Shopping for Their First Home Falls Well Below Average

The recent J.D. Power U.S. Primary Mortgage Origination Satisfaction Survey suggests this is due to less than thorough transparency on the part of lenders and borrowers. First time buyers report a lack of understanding of the process while lenders find clients can be less than forthcoming regarding their financial situations.  The results can lead to confusion, a borrower ending up with a mismatched product or even abandoning the idea of home-buying.  Closing Attorney Rick Dunn came across this article with some pointers for first time buyers:  http://realtytimes.com/consumeradvice/mortgageadvice1/item/31697-20141121-dont-assume-you-cant-get-a-mortgage-loan