How many months of bank statements do I have to provide? A lender will always require you provide bank statements as part of your mortgage application. Bank statements give a lender an up close and personal view of your finances — which is crucial when determining just how much money you… Read Full Article Share FacebookTwitterLinkedIn
Can I use a 401K loan as part of my down payment? If so, will I have to factor in the payment I need to make to repay my 401k in my debt ratio? This is an incredibly common question, especially from first time homebuyers. Because the money needed for a down payment is not always easy to come by, lenders of all types allow borrowers to apply money from a 401K loan to… Read Full Article Share FacebookTwitterLinkedIn