The lender will want to know about you and the property before deciding to lend you the money for your home. During the loan process, the lender will ask you a variety of questions and will verify your answers.
They will look at copies of your:
- W-2’s
- Paystubs
- Recent bank statements
- Credit report
- Outstanding debt
Other questions may need to be answered with additional documentation.
An appraisal will answer questions about the value of your new property.
Next Step