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Why do home loan applications ask so much detailed information?

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Why do home loan applications ask so much detailed information?

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Home loans focus on just three things: your employment and finances, as well as details about the home you want to buy. Buying a home is likely to be the largest single purchase you make, and one that is very important to you. We want to be sure to give you a quick, yet thoughtful answer based on the facts. After all, were in the business of loaning money, not rejecting applications, so we want to do all we can to assist you in realizing your dream of owning a home. We can make the best decision if you provide adequate detailsthis also ensures your application process goes smoothly. Were happy to share a list of what information you’ll need to complete your application; just ask any of our Residential Lenders for assistance.

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