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Evaluate Your Documentation Prior to Giving It To The Lender When you purchase a home using a mortgage, you’ll need to verify your income and liquid assets through documented proof. Additionally, your down payment will need to be sourced and must be an acceptable source per the lender’s guidelines. In most cases, it means providing…
read moreBuying a house for yourself or family is always a time to be very alert throughout the process and to know what is expected for all parties involved. Before making an offer on a home to buy, you need to be sure of how much you can “afford”. Your local mortgage lender should able to…
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Although most knowledgeable real estate agents understand the mortgage approval process, there are some who accidentally look over the important details that can delay or thwart a prospective homeowner’s attempt to buy a home. Real estate agents must stay informed of the sweeping changes that are constantly being made to the industry. Some things they…
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