In this Finance Wikia page, Mortgage Loans – Mistakes and Avoiding Mistakes, you will find many common mistakes which people make while taking mortgage loans. Please share your experience on this page so that others may avoid similar mistakes. There are many mistakes with borrowers of mortgage loans may make or generally make. The following is an outline based on the personal experience and reporting in the media. You are requested to add your experience – that will be very valuable for other users to avoid similar mistakes. Please do not feel uncomfortable - it is certain that you can get a really nice mortgage loan which is exactly right for your requirements and with which you shall feel comfortable. However, this requires a real home work and avoiding the traps waiting to capture you a