THE FIRST STEPS

Once you have decided to  purchase, refinance, or get a line of credit, there are ten general questions lenders will ask you. Being prepared is the best way to have Accurate Home Loans working for you immediately.

Here's a sample of the information Accurate Home Loans will need:

• The amount of money you wish to borrow and the length of time you will need the money.

• Your current address and, if you've been at your present address less than two years, your previous address.

• Your social security number.

• Your present employer's address and, if you've been at your present job less than two years, your former employer's address.

• Your gross monthly income.

• Your bank account numbers and your approximate balances.

• Your assets (real estate, personal property, paid-up life insurance, etc.)

• A complete list of your debts, with their account numbers.

• A copy of the purchase agreement.

• An account, in writing, of any problems which will affect your application.

With this information in hand, here are the steps the lender will take to process your application:

• Verify the facts.

• Get a credit report.

• Make a property appraisal.

• Review your application and all verified information.

• Decide whether or not to make the loan.

Accurate Home Loans will guide you through this process to make sure you get the best loan for your needs.