WORKING TOGETHER TO COMPLETE THE CLOSING
In order to complete our closing in a professional manner, we must work together. If we have a problem, don't point fingers, simply work together to resolve the problem. Communication is key.
The lender must have all the information regarding the buyer to make a decision as to the loaning of funds.
The lender will weight the following items:
-
Loan-to-Value
Ratio.
-
Debt-to-Income
Ratio.
-
Value
of collateral, (appraisal) Credit Report.
-
Verification
of Employment.
-
Verification
of funds for down payment & closing costs.
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