Terms of Use
Before applying for a loan, know your credit score and debt-to-income ratio. Shop around for the best rates, and understand the terms and conditions for the type of loan you're wanting (home, auto, personal or student loan).
Provide accurate information:
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Do not buy property for someone else.
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Do not overstate your income.
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Do not overstate how long you have been employed.
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Do not overstate your assets.
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Accurately report your debts.
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Do not change your income tax returns for any reason.
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Tell the whole truth about gifts.
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Do not list fake co-borrowers on your loan application.
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Be truthful about your credit problems, past and present.
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Be honest about your intention to occupy the house.
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Do not provide false supporting documents.
Read the agreement carefully:
Maintain communications with your lender:
- Notify the lender if any issues arise
- Request clarification of any loan agreement or repayment terms
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