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How to Apply for Home Loan without Employment Verification

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Home loans are easy to get approved for, as long as you have proper documents. Aside from this, the interest rate is quite low so it will be easy for the homeowners to pay for it.Landowners or property holders are able to acquire home loans without employment verification. For more information about background check and employment verification, you can check it with www.intelifi.com/technology/emerge/ – PowerPoint PPT presentation

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Title: How to Apply for Home Loan without Employment Verification


1
How to Apply for Home Loan without Employment
Verification
  • By Intelifi Screening Technology

2
Introduction
  • Landowners or property holders are able to
    acquire home loans without employment verification
    .
  • Home loans are easy to get approved for, as long
    as you have proper documents. Aside from this,
    the interest rate is quite low so it will be easy
    for the homeowners to pay for it.

3
Introduction
  • Before you go and apply, you primarily need to
    discover and understand which one you want to
    apply for because there are two types of loans
  • Open Equity Loans
  • Closed Equity Loans

4
Open Equity Loans
  • Open loan is advisable for the reason that after
    your payments, you can still have re loans
    however, closed equity loans permit the homeowner
    to borrow a lump sum on their home and they
    cannot borrow anymore on their next transaction.

5
Closed Equity Loans
  • In order to apply for a closed loan, the creditor
    has to verify your credit history, and if it is
    it acceptable, they will let you to borrow the
    amount your house is worth. This also relies on
    if you still obliged to pay for the house. If
    this is the case, the amount of the loan will be
    lesser.

6
  • Heres How to Apply for Home Loans without
    Employment Verification

7
  • 1.) Primarily, a landholder must acquire their
    credit score before they can apply for home loans
    without employment verification. Gather all
    credit reports that can be seen online. You may
    have to pay an extra fee to get your credit score.

8
  • 2.) Call all the banks in your area that offer
    home equity loans and this includes the bank
    where you do your own banking. Most of the time
    its much stress-free to get a home loan without
    employment verification with your personal bank
    that already knows your background because trust
    has been already established.

9
  • 3.) You may inquire on real estate brokers of
    whom they endorse as good lenders to obtain
    loans.

10
  • 4.) Now, once you gathered your credit score,
    verify if it is in acceptable rating. Then if it
    is good, you are prepared to apply for a home
    loan.

11
For more info
  • For more information about employment
    verification including other standardize
    regulations and the right process and procedure,
    you can check it with http//www.intelifi.com/tech
    nology/emerge/Call US (888) 890-5077 FIND
    US 8730 Wilshire Blvd. 4th Floor, Suite
    412 Beverly Hills, CA 90211
  • CONNECT WITH US
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