Home | Ask Your Question | Mortgage Glossary |Free Credit Report | Mortgage Calculator
Mortgage Professor about assets verification: 
What Are Mortgage Documentation Requirements?
5 October 2005 What Does Mortgage Documentation Consist Of? A lender?s "documentation requirements" stipulate a) the information about income, assets and employment that must be provided; b) whether and how this information will be used by the lender; and c) ... more...

Common Questions About Mortgage Brokers
May 4, 1998 "What do mortgage brokers do?" A mortgage broker is an independent contractor who offers the loan products of multiple lenders who are called "wholesalers." A mortgage broker counsels ... more...

assets verification related definitions

Verification of Deposit
Verification of Deposit A document requested by a lender and signed by a borrower's financial institution that verifies the balances of the borrower's financial accounts. Verification of Deposit or VOD should be completed by bank to verify borrower's current and average bank ... more...

Verification of Employment, VOE
Verification of Employment, VOE A document requested by a lender and signed by a borrower's employer as indicated by the borrower, verifying his/her position and salary. The applicant must sign this form (Form 1005) to authorize his or her employer to release the ... more...

More about assets verification

Get Free assets verification Quotes and Estimates

Get instant on-line mortgage rate quote and closing cost estimate. Only put your loan numbers. No contact info required. Compare offers from top mortgage lenders... more...

Accounts Receivable Factoring - A Viable Cash-flow Solution for Small and Medium-Sized Enterprises
The pace of change in todays business environment is inarguably staggering. Growth of e-commerce; changes to business structures; evolving relationships; changes to funding arrangements; access to capital and its sources. All occurring at increasingly exponential rates. Fast. The fact that there is ... more...

How to Buy a Home When Your in Your Twenties
A Singles Game of Real Estate (Getting started in your twenties)Due to the fact that most of us grow up in either a rented apartment or our parents single family home, it stands to reason that most people, when beginning to ask themselves the question of purchasing their own dwelling, will come to ... more...

A Singles Game of Real Estate
This discussion leans toward answering questions asked most often by our youthful men and women in there early twenties. They often begin to ask themselves the question, Should I consider buying a home, condo/town-home or some other type of real estate that I can call my own? Due to the fact that ... more...

Unsecured Personal Loan - A Helping Hand
Expenditures are increasing day by day and the cost of living index is also going up. People are in need of money to launch themselves or cater to even bare necessities of lives.An unsecured personal loan is one such help that provides help to people who need loans either to cover up for the needs ... more...

Benefits of Unsecured Business Loans
Secured business loans, used as a source of business capital, are disadvantageous not only because they can lead to repossession of asset if repayments are not made. Secured business loans come with many restrictions imposed by the loan provider. The loan provider, for instance, will insist on a ... more...

Secured Business Loan Providing A Conducive Atmosphere For Business Growth
The amounts that a business will need as a business loan will generally be large. Unless, it is a bank that has utmost confidence on the borrowing enterprise, most banks and financial institutions will balk at the idea of lending a large sum to enterprises without any guarantee. This explains the ... more...

Business Valuation That Makes Sense
Business-valuation is nothing simple. Every person out there will think that a business is worth more or less than what the next person will say. In fact, the only number that really does matter is the simple fact that it is worth what someone will pay for it and that number only occurs once the ... more...

Loan Basics: What are Secured Loans?
Secured loans are one of the most popular personal loans options available today. Their popularity is based on the fact that interest rates are usually lower than other types of loan, and repayments are available over longer time periods.A secured loan provides a means to raise a cash lump sum ... more...

PayDay & Cash Advance Loans Online How Do Online Payday Loans Work?
How online payday loans or cash advance loans work? Online payday loans usually work by first filling out a pre-approval application. 90% of the time, your credit is not pulled. Most payday loans are not based on your credit history, so, even if you have bad credit you are still welcome to apply ... more...

Real Estate V. Stock Market : the Heavyweights Champ !
There are out there essentially three places where you can stack up your hard-earned money: the stock market, real estate and under your mattress. If you decide to put the money under your mattress, beware: it will fruit no interest and, hence, it won't grow over time. In fact, it will devaluate ... more...

Return to previous page   More articles on assets verification
Shop For Your Mortgage Now!
Shop For Your Mortgage Now!

You'll be re-directed to Top-Lenders.com

Want to Know Your Rate?
Get Customized Mortgage Quote Instantly

Mortgage Indexes Info
30 Yr Fixed Rate
15 Yr Fixed Rate
5/1, 3/1 ARM
CODI
COSI
12 MTA
COFI 11th District, Federal
12 Month LIBOR (USD)
1 Year CMT
Market Indexes Info
WSJ Prime Rate
FNMA
Federal Funds
30 Year Treasury

 

ExplainingMortgages © 2005 - 2009