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This informational video discusses the topic of what basic paperwork is needed for a residential home mortgage application. With new rules and regulations being introduced, the process of applying for a mortgage is getting more difficult and complicated every day. In today's banking environment it's important for every prospective mortgage applicant to understand exactly how their information gets processed and why. (more)
Being prepared and organized with the right documents is the start to getting your application approved in a timely manner. Remember, an underwriter uses this paperwork to "paint" your personal financial picture and to assess whatever risk a bank might be taking if the application were to be approved. This video provides the basics of what an underwriter will ask for. Your personal circumstances will dictate what other paperwork might be required. Please consult a licensed mortgage professional for more information. Douglas Tredinnick First Hope Mortgages inc. 888 742-4714 dtredinnick@firsthope.com NMLS: 80624(less)
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