What preparations should you make before calling?
Prepare a list of all of your house-hold debts and monthly obligations, (Obtain corresponding statements)
- Include utilities, legal obligations, other debt (credit card) payments, auto payments, insurance, taxes and any other expenses, (include the total amount of debt as well as the monthly payments)
Prepare a list of all of your monthly income (and corresponding statements)
- Have the 2 most recent months of payroll records available for both the borrower and the co-borrower
- Have the 2 most recent months of all bank statements available
Prepare a list of all of your assets and include
- Cars and trucks, (include make, year, model)
- Stocks and Bonds
- Your home
- Other real-estate
- IRA/401-k's/other retirement
- Bank checking and savings accounts
- Credit Union checking and savings accounts