Tag Archives: loan paperwork

Why Mortgage Lenders Require Extensive Paperwork

The reasons that mortgage lenders need such extensive information about your finances to be satisfied about your ability to pay off the mortgage loan. You submit these documents to prove and substantiate your current financial status not only to the mortgage lender but also subsequently to other organizations that may buy your mortgage if the […]

What Income Proofs Does a Mortgage Lender Require

Whether you are in a job, run a business, are self-employed or have inheritance the bottom line in getting a mortgage loan is to be able to prove a source of income to your lender. In case you’re employed you will probably be required to produce written evidence such as pay slips or a statement […]