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Which of the following statements is the most accurate about choosing guidelines
for buying a home?
Any guidelines are OK. They are all probably written by mortgage
professionals
OB.
As long as the guidelines are easy to understand, they must contain
information that will really help me.
OA.
Oc
OD.
Ask yourself this question about any guideline: Does the person or company
providing the guideline make more money if I follow their guideline? If the
answer is yes, be careful. Question the guideline and compare it to other
guidelines.
Guidelines are only used for first time home buyers who do not understand
mortgage rules.