|
All agents are NOT alike! Find out why we are top real estate experts. Call us: 281-361-2272.
|
Sign Up For Our eNewsletter, FREE!
There are always important changes happening in the real estate market, locally and nationally. These changes can affect YOU.
Find Out More >
View All Offers >
|
 Compare
three mortgages at one time. Download TripleCalc now. It's
free. |
The Stanley Team
is one of The Top Selling Real Estate Experts™
Find Out More > |
|
|
|
For Home Sellers:
Why Sellers Choose The Stanley Team - Why home sellers in Kingwood, Humble and The Woodlands choose The Stanley Team. Free Presentation - Free in-home listings presentation on marketing your Kingwood, Humble and The Woodlands, in Houston County Texas property. Property Valuation - How much is your Kingwood, Humble and The Woodlands home worth? What Did That Home Sell For? - What did that Kingwood, Humble and The Woodlands, Texas property or other real estate sell for? FSBO - Selling your Kingwood, Humble and The Woodlands real estate on your own? Go to Main Sitemap - Main sitemap sections include Find Kingwood, Humble and The Woodlands Homes, For Home Buyers, For Home Sellers, Kingwood, Humble and The Woodlands Information, Real Estate Resources, and About The Stanley Team.
Please Sign Up For The Latest Listings and the Latest Real Estate News
 |
Financing Your Home >Mortgage Fears
It is not unusual for home buyers to feel that the lender is being very critical during the loan approval process. The buyer is required to provide all kinds of financial information, and then the lender asks for more. If this is your experience, and the process seems discouraging, remember that none of this is personal!
Some lenders have more stringent requirements than others, but every lender requires a substantial amount of documentation on a mortgage loan. They must verify employment, credit history, and recent financial transactions involving your liquid assets. If your Visa payment was late, they may ask for a letter explaining why. If you are self-employed, they will ask for tax returns from at least three years and probably a year-to-date profit and loss statement.
Government regulations require mortgage companies to document everything. And while the loan officer may know that you are a reliable risk, the underwriters must be able to defend the loan to a federal bank examiner or auditor.
|
|
NUMBER1EXPERT®
© Best Image Marketing and/or its clients.
All rights reserved. All information deemed reliable but not guaranteed.
|
- NUMBER1EXPERT™ 
