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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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See Complete Library Of Hundreds Of Tips In 30+ Categories >

Real Estate Trivia
Q 
What is the largest city square in the world?

A 
Located in Beijing, China, Tianamen Square, called the "Gate of Heavenly Peace", covers 98 acres.
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Joe Fagiolo, REALTORŪ, real estate agent and broker for Annapolis, Crofton and Severna Park, Maryland home listings, property and land for sale

Joe Fagiolo
Keller Williams Select Realtors

#7 Old Solomans Island Road
Annapolis, MD 21401
Direct: 410-320-6428
Home Office: 443-951-1449
Main Office: 410-972-4000
Fax: 443-647-0689
Email: jfagiolo@kw.com

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Equal Housing GRI REALTOR


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