Tag: <span>Documentation</span>

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WHO CALLS THE SHOTS?

The first rule told to me when I started in the mortgage business was, “He who has the gold, makes the rules.” It is very true.   It means, if you are looking for money from someone else to help you finance a property, you have to follow their rules to get the money. If they are...

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FULL DOCUMENTATION

Loans today require full documentation. Many times I get asked why certain documents are required. In today’s lending environment, files are scrutinized closely. The following are some items that are being requested, and the rationale for the requests. Unexplained deposits in your bank accounts – lenders will ask for documentation to support deposits in your...