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205 Foothills Mall Dr. Maryville, Tn 37801 "Century 21" © 2004 Century 21 Real Estate Corporation. ® and SM - trademark and service mark of
Century 21 Real Estate Corporation Equal Housing Opportunity. "Each Office Independently Owned and Operated".
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This web site designed by GraphiX Marketing Solutions.
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Whether you are searching for Smoky Mountain homes, Land, or
information on schools in or around the smoky mountains,
Maryville or surrounding areas, or just want tips on selling
a home in Blount County...you've come to the right place!
Linda Arendt
FREQUENTLY ASKED MORTGAGE QUESTIONS!
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Q: What is the first step to getting pre-approved?
A: The first step is to contact a lender and give them information about your employment, income
and credit so that they may determine what loan program is right for you and what amount you
qualify for.
Q: What should I have ready when I apply for a loan?
A: Social Security Numbers, copies of bank statements, recent paycheck stubs, a list of your debts
as well as your last 2 years W-2 forms.
Q: What if I am Self–Employed?
A: There are so many loan programs available for self-employed individuals with loan to values as
high as 95%. Depending on your credit score the rates can be quite competetive.
Q: As a veteran am I guaranteed a loan?
A: No. You must still credit qualify and income qualify. VA just guarantees a portion of the loan if you
qualify through a lender.
Q: What does 100% Financing mean?
A: That means that you are not required to put a down payment on a loan but you may still have
some closing costs to pay depending on the loan program.
