Special Offers From Me To You! Just for you, I've assembled some Special Offers. Choose one or all!  
Financing Your Home >Mortgage Fears
It is not unusual for home buyers to feel that the lender is being very critical during the loan approval process. The buyer is required to provide all kinds of financial information, and then the lender asks for more. If this is your experience, and the process seems discouraging, remember that none of this is personal!
Some lenders have more stringent requirements than others, but every lender requires a substantial amount of documentation on a mortgage loan. They must verify employment, credit history, and recent financial transactions involving your liquid assets. If your Visa payment was late, they may ask for a letter explaining why. If you are self-employed, they will ask for tax returns from at least three years and probably a year-to-date profit and loss statement.
Government regulations require mortgage companies to document everything. And while the loan officer may know that you are a reliable risk, the underwriters must be able to defend the loan to a federal bank examiner or auditor.
|
| Q |
What home is the best example of colonial architecture in homes designed to "grow" as the family grew?
|
| A |
The House of the Seven Gables in Salem, MA, that was the model for Nathaniel Hawthorne's novel of the same name. |
 See More Real Estate Trivia > |
|
|
Peter Pena
Bay Water Realty
860-B SE 46 Lane
Cape Coral, FL 33904
Toll Free: 800-875-6182
Cell: 239-440-9550
Fax: 239-651-0083
peterrealtor@NUMBER1EXPERT.com
17 years experience Real Estate Advantage Training, Member Realtor Association Greater Fort Myers & The Beach, Member Florida Association of Realtors, Member National Association of Realtors, Member WCR Fort Myers Member regional mulitple listing service (MLS) and Professional Mortgages Broker. Full Time Realtor Servicing All Lee, Collier and Miami Dade County.
My Specialities waterfront / luxury Homes, Cape Coral-Fort Myers-Marco Island-Sanibel and Miami. Languages Spoken English, Italian, Portuguese and Spanish
www.peterrealtor.com is brought to you by
Peter Pena
NUMBER1EXPERT™ for
Cape Coral FL Homes for Sale, Fort Myers Homes for Sale, Punta Gorda Homes for Sale, Miami Homes for Sale, Florida, Miami Waterfront Properties, Luxury Homes Read Peter Pena's
Privacy Guarantee,
Terms of Service,
and
Free & Without Obligation Pledge
|
NUMBER1EXPERT®
© Homes Media Solutions™, a division of Dominion Enterprises and/or its clients.
All rights reserved. All information deemed reliable but not guaranteed.
|
- NUMBER1EXPERT™ 
