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Looking for a TOP AGENT you can trust?Call now to find out what makes me one of the top agents in all of Southeastern PA! 610-828-9200, x120
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Why list your home with Frani Morrione? Are you thinking of selling your home? You should know exactly what it's worth before making such an important decision. Find Out More > View All Offers >
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"Frani made the home buying/selling process aspainless as possible. Very knowledgeable, professional and always reachable! Jonathan and Lily V. Lafayette Hill Read Quote > View All Quotes >
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Financing Your Home >Mortgage Fears
It is not unusual for home buyers to feel that the lender is being very critical during the loan approval process. The buyer is required to provide all kinds of financial information, and then the lender asks for more. If this is your experience, and the process seems discouraging, remember that none of this is personal!
Some lenders have more stringent requirements than others, but every lender requires a substantial amount of documentation on a mortgage loan. They must verify employment, credit history, and recent financial transactions involving your liquid assets. If your Visa payment was late, they may ask for a letter explaining why. If you are self-employed, they will ask for tax returns from at least three years and probably a year-to-date profit and loss statement.
Government regulations require mortgage companies to document everything. And while the loan officer may know that you are a reliable risk, the underwriters must be able to defend the loan to a federal bank examiner or auditor.
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| Q |
Where was the famous final airport scene in the 1942 classic "Casablanca" filmed?
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| A |
The scene where Humphrey Bogart says goodbye to Ingrid Bergman was actually shot on the east side of the Van Nuys Airport. |
See More Real Estate Trivia > |
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Frani Morrione, Associate Broker Prudential Select Properties 404 West Ridge Pike Suite 100 Conshohocken, PA. 19428 Office: 610-828-9200 Toll Free: 888-778-5060 Fax: 610-238-0448 Send Me A Message: franimorrione@aol.com
Communication and attention to detail is what sets me apart from the rest! With over 25 years of experience and a thorough understanding of the real estate process, I will keep you informed every step of the way and always have your best interests at heart! Call me today, 610.828.9200 x120, for all your real estate needs.
PA Licensed REALTOR #AB-065387 
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