What's
YOUR home worth? Find out FREE, click on the house!
Pricing is an Art -- Let Me Handle It For You!!
Are you thinking of selling your home? You should know exactly what it's worth before making such an important decision.
Find Out More >
View All Offers >
|
 Compare three mortgages at one time.
Download TripleCalc now. It's free. |
|
|
 |
 |
About
Annapolis: Moving to Annapolis, Maryland? Get info here... |
|
About
Crofton: Moving to Crofton, Maryland? Get info here... |
|
About
Edgewater: Moving to Edgewater, Maryland? Get info here... |
|
Things
to Do in Annapolis: Things to do in Annapolis, Maryland? Get info
here... |
|
Things
to Do in Crofton: Things to do in Crofton, Maryland? Get info
here... |
|
Things
to Do in Edgewater: Things to do in Edgewater, Maryland? Get info
here... |
|
School Reports:
Reports for Annapolis, Crofton, and Edgewater schools kindergarten,
elementary, and high schools |
|
Anne
Arundel County School Info: Info about Annapolis, Crofton, and
Edgewater schools kindergarten, elementary, and high schools |
|
Relocating?:
Free real estate information & relocation package if you're
relocating to Annapolis, Crofton, and Edgewater, in Anne Arundel County
MD |
Please Sign Up For The Latest Listings and the Latest Real Estate News
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.
|
| Q |
What mortgage transactions between borrowers and lending institutions operate in the private sector of the economy?
|
| A |
Conventional mortgages are private sector transactions that are not insured or guaranteed by the government. |
 See More Real Estate Trivia > |
|
|
|
|
- NUMBER1EXPERT™ 
