|
Obtain Loan Approval
Once your loan application has been received I will start the loan approval
process immediately. This involves verifying your:
1. Credit history
2. Employment history
3. Assets including your bank accounts, stocks, mutual fund and retirement
accounts.
4. Property value.
If you have already obtained qualifications for a mortgage, I may be able to
approve the loan application and complete the loan within a couple of weeks.
To improve your chances of loan approval:
- Complete the loan
application.
This is needed so a lender can determine your ability to
repay the loan.
- Respond promptly.
Don't delay in responding to a lenders requests for additional
documentation. Obtain the documents yourself and deliver them by fax or hand if
necessary.
- Don't go
on a spending spree. Before the sale is scheduled
to close, the lender may check your credit report to verify that your credit
card and bank balances still qualify for the loan.
- Make sure the appraisal is done
properly. The lender will order an appraisal of
the home to determine the value of the property. If the appraisal is low, you
may request that a second appraisal be done.
Key Benefits
- Knowing if you are able to obtain a mortgage
- Know the amount that you may qualified for.
- Know what your property is value at.
| .jpg)
Send mail to 
