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Applying For A Loan
November 20, 2003



Here's some of the information you'll need to provide when applying for your mortgage loan.

Loan type (Conventional, FHA, or VA,). Co-borrower information, such as for your spouse. Requested loan amount, interest rate, term and amortization type (fixed rate, adjustable rate, or graduated payments). Property description including address, size, year built and if it will be your primary or secondary residence or an investment. Personal information including name, SSN, birth date, dependents, years of schooling present address and employment information. Assets such as cars, investments and property. Debts including current mortgage, credit cards, alimony or child support. Finally, a list of declarations asking about lawsuits, bankruptcies, delinquencies, etc. There is a lot of information required, so start gathering it now.



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