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What getting a mortgage should be.
Information to have on hand when you call:
About You:
- Name, Address, and Social Security of each applicant
- Landlord or Mortgage Company
Assets:
- Source(s) of downpayment and closing costs
- Bank name and approximate balance
- Value of assets (stocks, bonds, mutual funds, etc.)
- Net worth of businesses owned (if applicable)
Debts
- Confirmation of credit cards and installment loans
- Information on any other properties owned (rental, investment,
second homes)
- Alimony/child support payments (if applicable)
Income
- Monthly salary and sources of income**
- Information on employment
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