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A lender uses these tools to help prequalify you for a mortgage
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A lender uses these tools to help prequalify you for a mortgage

User Shontauro
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Answer:

Following are the summary of tools/documents that are used by lenders to pre-qualify their customers for a mortgage :

1. Tax returns, W-2s, and 1099s are examples of income as well as employment records.

2. Bank, pension, and brokerage accounts property declarations

3. Settlements on your obligations on a regular basis as well as any real estate debt statements.

4. Rent deposits, divorce, insolvency, and repossession records are all kept on file.

User Bruno Unna
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