Can a mortgage cover 100% of the house worthy of with a decent credit history ?

• Application for the loan claiming the objective of the borrowed funds or other info as required by lender.
• Tax Productivity as high as step three past many years.
• Bank report of 3 to 6 days.
• Identity evidence and you may target research.
• Declaration of every current liabilities.
• Income glides out-of three to six days and you may work page from inside the case of a salaried personnel.
• Books of membership and you can taxation productivity regarding business but if out-of mind-functioning otherwise elite group.
• Passport dimensions pictures
• Details of possessions – such as for instance property venue, creator, supplier, measurements of our house and you may precise location of the possessions.

What takes place but if a borrower defaults repeatedly for the home loan ?

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