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Real Estate Tips
Financing Your Home >The Loan Application

When you have decided on a mortgage lender, you begin the loan process by filling out a loan application. You should be fully prepared to go over your current financial situation and credit history with the loan officer.

Have a record of all of your current bank accounts, including the name and address of bank(s), type of account(s), and approximate balance(s). Be prepared to provide details about outstanding loans, including student loans and major credit accounts. You will also need information about your assets, such as car title, stocks and bonds, and life insurance policies. If you foresee any credit problems, ask the loan officer for advice on how to keep them from interfering with approval of your mortgage loan. The loan officer can usually give you a prompt opinion about your chances for obtaining a mortgage.

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Real Estate Trivia
Q 
What area in the United States has the highest per capita income?

A 
The New York/New Jersey/Long Island area has a per capita income of over $750,000, according to the most current available U.S. census data.
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Robert Chestnut, REALTOR®, real estate agent and broker for Brockton, Easton and Raynham, Massachusetts home listings, property and land for sale - NUMBER1EXPERT(tm)

Robert Chestnut
Keller Williams Realty

574 Washington St
Easton, MA 02375
508-294-0281
Fax: 508-445-8181
RobertChestnut@NUMBER1EXPERT.Com






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