Real Estate in East Tn!
| Mortgage FAQ |
Q: What is the first step to getting pre-approved?
A: The first step is to contact a lender and give them information about your
employment, income and credit so that they may determine what loan program is
right for you and what amount you qualify for.
Q: What should I have ready when I apply for a loan?
A: Social Security Numbers, copies of bank statements, recent paycheck stubs, a list
of your debts as well as your last 2 years W-2 forms.
Q: What if I am Self–Employed?
A: There are so many loan programs available for self-employed individuals with loan
to values as high as 95%. Depending on your credit score the rates can be quite
competitive.
Q: As a veteran am I guaranteed a loan?
A: No. You must still credit qualify and income qualify. VA just guarantees a portion
of the loan if you qualify through a lender.
Q: What does 100% Financing mean?
A: That means that you are not required to put a down payment on a loan but you
may still have some closing costs to pay depending on the loan program.
A: The first step is to contact a lender and give them information about your
employment, income and credit so that they may determine what loan program is
right for you and what amount you qualify for.
Q: What should I have ready when I apply for a loan?
A: Social Security Numbers, copies of bank statements, recent paycheck stubs, a list
of your debts as well as your last 2 years W-2 forms.
Q: What if I am Self–Employed?
A: There are so many loan programs available for self-employed individuals with loan
to values as high as 95%. Depending on your credit score the rates can be quite
competitive.
Q: As a veteran am I guaranteed a loan?
A: No. You must still credit qualify and income qualify. VA just guarantees a portion
of the loan if you qualify through a lender.
Q: What does 100% Financing mean?
A: That means that you are not required to put a down payment on a loan but you
may still have some closing costs to pay depending on the loan program.
| Need to apply for a mortgage? Click here |
| Call Today @ 865-254-9251 We service the following areas: All of East Tennessee including Blount County (Maryville, Alcoa, Townsend, Louisville, Friendsville), Knox County (Knoxville, Powell, Clinton, Farragut), Loudon County (Lenoir City), Sevier County (Sevierville, Gatlinburg, Pigeon Forge), and Monroe County. |
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| Mortgage FAQ |
Century 21 Real Estate Group
1109 North Hall Road, Alcoa, TN 37701
Phone (865) 984-2121
Fax (865) 681-6001
*Each office independently owned and operated!
1109 North Hall Road, Alcoa, TN 37701
Phone (865) 984-2121
Fax (865) 681-6001
*Each office independently owned and operated!
 |
| Sherri Vanderkooy Affiliate Broker 865-254-9251 Todd Vanderkooy Affiliate Broker 865-254-9205 |