Mortgage and Real Estate Information for Debtors

Title:
Mortgage and Real Estate Information for Debtors
Word Count:
453

Summary:
If you owe money and have a below average credit score you may find it difficult to get a mort

Keywords:
debt,debtor,real estate

Article Body:
If you owe money and have a below average credit score you may find it difficult to get a mort

If you have outstanding debt, the lender will inquire about your credit history and debts incu
Lenders will ask about credit card debts. If you reply yes, then the lender will ask how much

You will need to answer questions pertaining to assets, which includes cash on hand. The under
The lender will ask how much cash do you intend to apply to the loan. The lender may ask also
Loan Purpose

The loan purpose is of interest to the lender. Accordingly, you will respond to questions rela
Refinancing Mortgage

If you respond to the question pertaining to the loan, letting the lender know that you intend
Property Purpose

The lender will require information pertaining of the home’s purpose. Do you intend to use the
Type of Property

The mortgage lender will also need to know if the home is duplex, condominium, or single-famil

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