Remember the times when you could buy a home with no paperwork? Yes those times are sure gone for good. The mortgage industry has changed and evolved tremendously after the mortgage and financial crisis of 2008. Now-days banks go trough many layers of checking and ensuring that each borrower is ready and able to take the big step of purchasing their home. However, don’t let this intimidate you. That is why it is very important to have the right knowledgable loan officer by your side to help you with your mortgage needs.
Here are the basic documents required for loan processing: