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Home Loans

What Are Different Mortgage Documentation Types?
(presented by www.refinance-refinance.net - mortgage lenders)



By Ben Afzal

Mortgage Loans

A typical mortgage application is supposed to get all of the relevant information a lender needs to decide whether a borrower should be approved for the loan type and amount they are looking for.

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Your application can be handed in to the lender along with pay stubs, employment verification forms, tax records, bank statements, asset documentation, rental verification forms, credit report, appraisal report, and other documents.

The lender needs to understand what your income is and whether you can handle you total new debt load if your loan is approved.

Documentation Level

Many lenders offer the borrower a chance to provide less supporting documentation along with their loan application.

These types of loans are often called

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This entry was posted on Thursday, October 19th, 2006 at 4:20 am and is filed under Refinance. You can follow any responses to this entry through the RSS 2.0 feed. Responses are currently closed, but you can trackback from your own site.

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