What are the requirements to qualify for a loan from Frost National Bank?

To qualify for a loan from Frost National Bank, certain requirements must be met. Firstly, applicants need to provide proof of income, showcasing their ability to repay the loan amount. This typically requires submitting recent pay stubs, tax returns, and bank statements. A good credit score is also essential, demonstrating a solid history of responsible borrowing and timely payments. Additionally, applicants must fill out the necessary loan application forms, providing personal and financial information. The bank will evaluate various factors such as debt-to-income ratio, employment history, and loan purpose during the approval process. Collateral may be required for certain types of loans. Lastly, meeting the bank's eligibility criteria, including being of legal age, a US citizen or permanent resident, and residing within the bank's service area, is fundamental for loan qualification.