By Guaranteed Rate on 11/29/2018
Learn the necessary documents for mortgage applications. Guaranteed Rate tells you all the documents you’ll need for a successful mortgage application.
By Selene Garcia on 10/3/2014
Any one deposit that exceeds $500 will need to be sourced and a paper trail provided. The reason is, the underwriter needs to ensure you have not taken on additional debt which would impact your DTI. Knowledge is power so keep reading and learn about more loan underwriting requests. Continue Your Guaranteed Rate Education When Should …
By Selene Garcia on 8/20/2014
Lenders want to see all supporting documentation for 4 keys areas: Income Pay Stubs, Federal Tax Returns and Verification of Employment (VOE) Asset Statements Checking/Savings, Stocks, Bonds, IRA and 401k Debt While all of your debt will be taken from your credit report, the lender will need mortgage statements, tax and insurance bills and leases …
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