What are the requirements for a mortgage application?

Asked 6 months ago
To apply for a mortgage with Comerica Inc., there are certain requirements that need to be met. Firstly, individuals need to gather the necessary documents including proof of income such as recent pay stubs, W-2 forms, and tax returns. It is also important to provide identification documents, like a driver's license or passport. Other requirements include a credit history report and information on assets and liabilities. Additionally, applicants will need to complete an application form, which includes details about the desired loan amount and property. Comerica Inc. may also conduct an assessment of the applicant's creditworthiness and ability to repay the loan. Keeping these requirements in mind and submitting the complete and accurate information requested will help expedite the mortgage application process with Comerica Inc.
Answered Nov 1, 2023

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