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Can also be a mortgage coverage 100% of the home worth with a decent credit rating ?

Can also be a mortgage coverage 100% of the home worth with a decent credit rating ?

  • Application for the loan saying the goal of the mortgage or other information as needed by lender.
  • Taxation Yields of up to step three prior decades.
  • Financial statement away from 3 to 6 weeks.
  • Term facts and you will target evidence.
  • Declaration of every existing liabilities.
  • Salary glides out-of three to six months and you will employment letter in the matter of a beneficial salaried personnel.
  • Guides out-of account and taxation efficiency regarding company in case off care about-functioning otherwise elite.
  • Passport size images
  • Information on possessions – such as for example possessions venue, creator, provider, measurements of the house and you will precise location of the assets.

What happens in case a borrower defaults several times to your mortgage ?

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