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Real Estate Tips
Financing Your Home >The Loan Application

When you have decided on a mortgage lender, you begin the loan process by filling out a loan application. You should be fully prepared to go over your current financial situation and credit history with the loan officer.

Have a record of all of your current bank accounts, including the name and address of bank(s), type of account(s), and approximate balance(s). Be prepared to provide details about outstanding loans, including student loans and major credit accounts. You will also need information about your assets, such as car title, stocks and bonds, and life insurance policies. If you foresee any credit problems, ask the loan officer for advice on how to keep them from interfering with approval of your mortgage loan. The loan officer can usually give you a prompt opinion about your chances for obtaining a mortgage.

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Real Estate Trivia
Q 
What is the largest city square in the world?

A 
Located in Beijing, China, Tianamen Square, called the "Gate of Heavenly Peace", covers 98 acres.
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Taylor Team Real Estate, REALTORŪ, real estate agents and broker for Glen Allen, Midlothian and Richmond Virginia home listings, property and land for sale - NUMBER1EXPERT(tm)

Taylor Team Real Estate
RE/MAX Commonwealth

200 Westgate Parkway Suite 102
Richmond, VA. 23233
804-360-5200
804-527-6265
800-772-5220
Fax: 804-364-0910
Email: Janice@taylorteamrealestate.com

My mission in real estate is to compete to be the best realtor that I can be, excite my clients with the home buying and selling experience, and have the confidence for my clients to depend on my expertise for their decisions in real estate.

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