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Twenty two years of relocation experience as an active duty military spouse allows me to say. I have truly "WALKed in your shoes"

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Citizens Mortgage Company
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Real Estate Tips
Financing Your Home >Mortgage Fears

It is not unusual for home buyers to feel that the lender is being very critical during the loan approval process. The buyer is required to provide all kinds of financial information, and then the lender asks for more. If this is your experience, and the process seems discouraging, remember that none of this is personal!

Some lenders have more stringent requirements than others, but every lender requires a substantial amount of documentation on a mortgage loan. They must verify employment, credit history, and recent financial transactions involving your liquid assets. If your Visa payment was late, they may ask for a letter explaining why. If you are self-employed, they will ask for tax returns from at least three years and probably a year-to-date profit and loss statement.

Government regulations require mortgage companies to document everything. And while the loan officer may know that you are a reliable risk, the underwriters must be able to defend the loan to a federal bank examiner or auditor.

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Real Estate Trivia
Q 
What is considered one of the greatest U.S. construction projects that was also of great strategic importance to the U.S.?

A 
The Panama Canal, begun in 1904 and completed in August, 1914, which cost $366,650,000.
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Walker Real Estate Team, REALTOR®, real estate agents and broker for Fort Leonard Wood, St. Robert and Waynesville, Missouri home listings, property and land for sale - NUMBER1EXPERT™

Johna Walker
Walker Real Estate Team

854 Missouri Ave
St. Robert, MO 65584
Mailing Address: PO Box 264, Waynesville, MO 65583
573-433-1091
Rentals/ Office: 573-336-4100
Fax: 866-634-9994
Office: teamwalker@thearmywives.com

An active duty military spouse with over twenty-three years of relocation experience to assist families relocating to the Ft. Leonard Wood area. Always training and always educating to stay at the top of the real estate industry to provide her clients with state of the art service to buy and sell their homes. Whether you're moving from Alaska, South Korea, or Kansas, she has truly "Walked in your shoes"

Equal Housing MLS REALTOR



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