Skip to main content

Posts

Showing posts from April, 2011
1. When should you apply for financing?   While the process is not a lengthy one,  it's always comforting  to have an approval in hand early in the process.  This will allow you to move quickly if the need arises.   2 .  What information will I need to provide? Generally, you'll need to show a good credit history, 2 years of tax returns and a personal financial statement.  Let's address each item briefly:  Credit History:   It's a good idea to check your credit report prior to applying for financing.  In fact, it's a good idea to check for inaccuracies on a regular basis, perhaps once a year.  You can do this simply online and many times the report is free to the consumer.  Your own report may surprise you!  Wrong names, addresses, open mortgages, credit cards you never applied for. . . all may show up on your account!  Follow the credit reporting company's instructions for correcting the mistakes and make sure you have written records of  all