Can be home financing safety 100% of the property value with a good credit score ?

Can be home financing safety 100% of the property value with a good credit score ?

  • Loan application stating the objective of the mortgage and other info as needed by the financial.
  • Taxation Yields as much as step three earlier in the day ages.
  • Lender report away from 3 to 6 months.
  • Name evidence and you may address research.
  • Statement of any present liabilities.
  • Salary glides out of 3 to 6 days and employment page during the matter of an effective salaried staff member.
  • Courses of account and income tax output out of providers in case out-of notice-functioning otherwise top-notch.
  • Passport proportions photo
  • Details of possessions – eg possessions location, creator, merchant, measurements of our home and you may precise location of the possessions.

What goes on however, if a borrower defaults repeatedly with the mortgage ?

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