Is Your Client Ready to Apply?
Your client will need the following information to apply for their loan.
- Purchase price and loan amount
- Estimated homeowner/condo association dues on property
- Payment instructions for appraisal fee
- Social Security Number
- Date of birth
- Navy Federal savings account number/Access Number
- Two-year address history
- Two-year work history
- Gross monthly income to be used for qualifying
- Other income to be considered for qualifying (if any)
- Account/asset information (held by financial institutions OTHER than
Navy Federal) to be considered for qualifying
- Current tax, homeowners/condo dues, insurance and lien information (balances,
monthly payment and mortgage company/lien holder name) for all real estate owned