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Recommend me a good Loan company with low interest rate?

Preferably one that is well known and trusted with low interest rate thanks

2 Answers

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  • 8 years ago
    Favorite Answer

    What type of loan are you seeking mortgage, Car, or personal loan?

    I will answer based on the fact this is a real estate forum, therefore you would be seeking a mortgage loan.

    In determining your interest rate your credit score would be a prime factor. Therefore it would not matter the mortgage loan company you would select.

    With the current real estate laws all mortgage companies are required to provide you with a Good Faith Estimate (GFE) and Truth In Lending documents (TIL) 3 days after you apply for a mortgage loan. These document would indicate the interest rate, monthly mortgage payments, the actual money amount of interest you would pay.

    You would need to contact a local mortgage lender that is authorized to do FHA mortgage loans, ?the key to your mortgage loan would be your relationship with your mortgage loan officer. This person would be key in making sure you complete and be approved for your mortgage loan. He/she would take you step by step until you are approved.

    In order to be approved you would need pay stubs covering a complete month for all that would be pn the mortgage loan application. You would also need d2 years of w-2 and federal income tax forms as well as bank statements covering 3-6, months.

    There will be lots and lots of documents needed in order to complete your mortgage loan application and eventually approved for your mortgage loan.

    I hope this has been of some benefit to you, good luck.

    "FIGHT ON"

  • ?
    Lv 5
    5 years ago

    Hope this helps!

    Source(s): CashQuery.com
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