i am trying to get house mortgage loan and my local bank told me i ll get inhouse loan pretty quick,whati need?

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  1. Liz M, February 18, 2011 9:16 pm - i am trying to get house mortgage loan and my local bank told me i ll get inhouse loan pretty quick,whati need?

    Previous years’ tax returns, pay stubs… all kinds of things. The mortgage lender should have a whole check list of things you will need. Get in touch with them and they can help you out.

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  2. M W, February 18, 2011 9:35 pm - i am trying to get house mortgage loan and my local bank told me i ll get inhouse loan pretty quick,whati need?

    If that came from a local bank, nice job. Make sure this a a bona-fide situation. Is this a real bank?

    If so, good. Wait for your pre-approval. Start house shopping. Go to www.zillow.com and watch HGTV. If you have a specific home in mind, like the one you are in, not much to do–except research.

    What not to do is buy a car. Do not use your credit at all. Get the house.

    If this is not a real bank, so to speak, check with the BBB and check at ripoffreport.com.

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  3. OMG!, February 18, 2011 10:15 pm - i am trying to get house mortgage loan and my local bank told me i ll get inhouse loan pretty quick,whati need?

    What do you mean? Are you trying to a get a mortgage loan for a new house or a mortgage loan for equity in the house you already own?

    As far as what is needed, it depends on the bank. If you are trying to get new mortgage loan, you would probably need:

    (a) tax return(s)
    (b) check stub(s)
    (c) bank statement(s)
    (d) disclose your assets
    (e) i.d. & ss card if in U.S.
    (f) proof of residence
    (g) disclose your debts
    (h) completed loan application, which would probably consist of job history, income, etc.

    and if it is for equity you would probably also need to prepare a brief statement for what the money is being used for.

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  4. Chenoa, February 18, 2011 10:55 pm - i am trying to get house mortgage loan and my local bank told me i ll get inhouse loan pretty quick,whati need?

    Mortgage loan is a term used for the loans secured by a property. Mortgage loans refer to a loan secured by residential property, often for the purpose of securing real estate. Mortgage loans are priced lower than other loan structures because the value of the property risk for the lender.

    http://www.worldbestloans.com/Mortgage%20Loan.htm

    A fixed rate mortgage loan has its own benefit. If the borrower is budget conscious, he will remain at peace because the monthly mortgage amount will not change.Fixed rate mortgage loan is a loan where the interest rate remains the same through the term of the loan. Fixed rate mortgage loans are the most traditional form of loan.

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