GOT DENIED BY YOUR BANK? I MAY BE ABLE TO GET YOU APPROVED!
Tradeline update and supplement service
Residential Mortgage Credit Report (RMCR)
Compatible with Fannie Mae & Freddie Mac
Verification of mortgage/rent
Non-traditional credit reports
International credit reports
Tax Return Verification service
Credit Analyzer Score Analysis Report and What If? Simulator™
Re-score service on a national level
Flood zone determinations with HMDA
Automated Valuation Models (AVM)
Instant ordering system access 24/7
Borrower’s address, marital status, and dependents
Joint or individual application
Social Security number and date of birth
Current employer and address, as well as employment income
Supporting documents, such as bank statements and pay stubs, are often submitted along with the application. If you’re self-employed, then you may need to produce two years of tax returns to demonstrate proof of income.
Assets include bank accounts, retirement accounts, certificates of deposit, savings accounts, and brokerage accounts for stocks or bonds
Any real estate owned and its estimated value or rental income, if applicable
Mortgage loan and property
Address of the property
The loan amount, and the type of loan, such as a purchase or refinance
Any rental income from the property, if you are buying the home as an investment with the goal of renting it out
Will the home be your primary residence, second home or Investment?
Are there any judgments, lawsuits, or liens against you?
Do you have any past foreclosures, are you a guarantor for another loan?
Acknowledge and agree
You sign the application, essentially stating that you believe the information that you provided is accurate and true.
The mortgage application will be verified and examined by the bank’s underwriter, who will then decide how much the bank will loan to you, and at what interest rate.
When your mortgage application has been approved, you will received a loan estimate, which details the closing costs. At this time, you will pay for the appraisal.