What information do I need to apply for a loan or refinancing?

When considering applying for a loan or refinancing through Simple Tuition, it is essential to gather several key pieces of information to ensure a smooth process. First, applicants should have personal identification, such as a driver's license or passport. Additionally, it is important to provide proof of income, which may include recent pay stubs, tax returns, or bank statements. Applicants will also need to disclose their employment history, including current job details and any previous positions held. Credit history and scores are crucial factors in determining loan eligibility. Therefore, potential borrowers should be prepared to share their Social Security number, which allows the lender to obtain this information. Furthermore, it may be necessary to provide details regarding existing debts, like credit cards or other loans, as this information helps assess affordability and repayment capacity. Lastly, it is advisable to have information regarding the property being financed or refinanced, including its address and the estimated value. For any specific requirements or updates, it may be beneficial to check the current Simple Tuition website for the most accurate information.