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Aside from personal information (such as social security number, name, address) the reason for wanting the loan and the state of the home itself is most often inquired about. The loan company will want to know the scope of the improvement, the reason for the improvement, and the state of the house prior to the improvement. They will want to know if the home sustained damage from a natural disaster or contains hazardous materials, such as lead paint or asbestos, and they generally want to know the age of the home and the improvements that have been made previously.

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