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Brian and Cathy Day
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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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What is one of the most common ways for making the interior of a home more appealing to buyers?
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| A |
Repainting walls with light, neutral colors makes it easier for a buyer to visualize how the home will look with their possessions. |
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The Mike Robinson Team Royal LePage Team Realty 484 Hazeldean Road Kanata, ON. K2L 1V4 Phone: 613-592-6400 Fax: 613-592-4945 Email: Mike@MikeRobinson.ca
The Mike Robinson Team offers extensive knowledge and experience of the Ottawa real estate market. It is their objective to help clients make decisions that are in their best interest while supporting the clients real estate dreams and goals. This business model has created a “client for life” atmosphere with over 65% of their business coming from repeat clients or referrals from past Buyers and Sellers.
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