The Four "C"s of Lending

THE 4 C's OF LENDING

A borrower must have at least credit and collateral for conventional loan financing. Additionally, the more of these 'C's' equate to lesser risk for the lender and a better interest rate for you.

                  Credit - Includes credit history and FICO score.

                  Collateral - The property which is appraised by a licensed third party appraiser.

                  Cash Flow - (Employment & Income) Verify job history and income.

                  Cash - Assets, 401k, Checking Accounts, Savings Accounts, and any other monies in your name.