Mortgage - An Overview Of Lending Process Some one applying for mortgage must be vigilant otherwise he can have serious financial harms in this process. Before applying, regardless of it being your first or fifth mortgage application, you must plan it carefully. Borrower can have serious financial impacts by the terms and conditions followed in the process. Serious consequences can be the result of ignorance. Legal clauses keep on...... Similar Editorial : by Iprwire Staff Writer. | Source : A Reverse Mortgage