Tony Shade, REALTOR® Direct: 540-903-0877 tonysells@gmail.com |
The Shade Team FOR ALL YOUR VIRGINIA REAL ESTATE NEEDS Register | Client Login |
Sharon Shade , Associate Broker Direct: 540-903-0876 sharonshade@gmail.com |
Have These Items Ready When You Apply For a Loan
It used to be that lenders mailed out verifications to employers, banks, mortgage companies, and so on, in order to verify the data supplied by borrowers. Nowadays, the interest is often in speed and getting answers quickly so alternate documentation has become more widely used. Alternate documentation means that underwriting answers can be obtained with information supplied directly from the borrower instead of waiting around for verifications to come back in the mail.
The following is required for most standardized loans as part of alternate documentation processing. Items may differ according to whether your loan is a conforming (Fannie Mae or Freddie Mac), non-conforming (jumbo) loan, government loan, or a portfolio loan.
Verifications are still mailed out, but usually as part of quality control procedures.
These are the things you need to supply to your lender to get a quick approval using alternate documentation
The Shade Team
RE/MAX Allegiance
12751 Marblestone Drive, Suite 230
Woodbridge, Va. 22192
Sharon Shade , Associate Broker, ABR, ABRM, CSP
Direct: 540-903-0876 | sharonshade@gmail.com
Tony Shade, REALTOR®, SFR, CDPE, ABR, CSP
Direct: 540-903-0877 | tonysells@gmail.com
DON'T MISS A NEW LISTING AGAIN!
Register Now
Already registered? Login
FREE AUTOMATED EMAIL UPDATES
Sign in to take advantage of all this site has to offer. Save your favorite listings and searches – also receive email updates when listings you like come on the market for free!
*Contact Information is NOT Shared*
RE/MAX Allegiance
12751 Marblestone Drive, Suite 230 | Woodbridge, Va. 22192
The Shade Team | 540-903-0877 | Email The Shade Team
Copyright © 2016. Tony and Sharon Shade, All Rights Reserved
©2024, Metropolitan Regional Information Systems. All rights reserved.
Information deemed reliable but not guaranteed. The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which participates, and is provided by BRIGHT through a licensing agreement. Real estate listings held by brokerage firms other than are marked with the IDX logo and detailed information about each listing includes the name of the listing broker. The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this website may no longer be available because they are under contract, have Closed or are no longer being offered for sale. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller.
Information last updated on 2024-03-28 06:30:21.