What are the eligibility requirements for a National City Mortgage?

The eligibility requirements for a National City Mortgage are designed to ensure that applicants meet the necessary criteria to be approved for a mortgage. To be eligible for a National City Mortgage, applicants must have a stable and verifiable source of income, a good credit history, and a down payment. They typically require a minimum credit score, which may vary depending on the type of mortgage being sought. Additionally, applicants will need to provide documentation, such as bank statements, pay stubs, and tax returns, to verify their income and financial standing. National City Mortgage also considers factors like debt-to-income ratio, employment history, and the property being purchased. Meeting these requirements demonstrates the financial stability and ability to repay the mortgage, increasing the chances of approval.