What are the eligibility requirements for a loan from Aurora Loan Services, Inc?
To be eligible for a loan from Aurora Loan Services, Inc, certain requirements must be met. Applicants must be at least 18 years old and provide valid identification documents. They must have a steady source of income and demonstrate a good credit history. Additionally, Aurora Loan Services, Inc may require a minimum credit score and a debt-to-income ratio within acceptable limits. A thorough assessment of the applicant's financial situation will be conducted to determine eligibility. The property intended for purchase or refinance also needs to meet certain criteria, such as being in a qualifying location and meeting valuation requirements. Meeting these eligibility requirements increases the likelihood of approval for a loan from Aurora Loan Services, Inc. For more specific information, it is advisable to contact their customer service directly.
Answered May 3, 2024
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