• Application for the loan saying the goal of the borrowed funds or other info as required from the lender.
• Taxation Yields as high as step 3 prior years.
• Lender statement regarding 3 to 6 months.
• Identity research and you may target proof.
• Statement of every existing debts.
• Salary glides out-of 3 to 6 days and work page in the matter-of a salaried staff.
• Books out of profile and income tax returns of team in case installment loans in San Jose IL from thinking-functioning otherwise elite.
• Passport size pictures
• Information on possessions – such as for example possessions venue, creator, vendor, measurements of the house and you can located area of the property.

What will happen however, if a borrower non-payments a couple of times toward home loan ?

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