Banks and savings and loans may pre-approve you, but you will need to open an account with them if you choose to take the loan. If you have a problem opening an account, you will need to get that cleared first.
No. A loan processor gathers the documents and information needed so that an underwriter can approve (or disapprove) a loan. In general, the loan processor does know what is needed by the underwriter.
There are many financial institutions which can approve and provide a loan within minutes. For example, you can apply online at: www.fastloan.org or www.onlineloan24.com
The length of time it takes for a mortgage loan to get approved is highly dependent on the mortgage lender you are working with. Many large commercial banks can approve a mortgage in as little as 48 hrs. however.
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Banks would like to know if you are able to pay back what you are borrowing, so it is vital that you show proof of income and assets,, it is with these statements that they can assess and approve the amount of your loan.
It is very unlikely that any trustworthy loan officer would approve a loan for this purpose.
If you are looking for a car loan calculator, most banks offer them. Sometimes they aren't called car loan calculators and are just loan calculators. Banks such as bankrate and Bank of Canada have them.
There are 12 Federal Home Loan Banks. They are owned by member institutions including savings and loans, commercial banks, savings banks, etc. The Federal Home Loan Banks serve as whole sale lenders to their member institutions. If you'd like to learn more about the Federal Home Loan Banks, take a look at the book, Mission Expansion and the Federal Home Loan Banks (SUNY Press, 2010).
No! In recent years banks offer and approve mortgage loans for non US citizens regardless of the money source. Programs designed specifically to attract said business were announced by Wisconsin banks, and others in early 2005, in the Wall Street Journal. No! In recent years banks offer and approve mortgage loans for non US citizens regardless of the money source. Programs designed specifically to attract said business were announced by Wisconsin banks, and others in early 2005, in the Wall Street Journal.
A syndicated loan is provided by a group of lenders and is arranged by one or several commercial banks or investment banks. These banks are known as arrangers.
Most banks approve home improvement loans based on the equity in your home. So yes, you will likely need to be the homeowner in order to be approved for this type of loan.