what financial information is required be before a bank grants you a loan?

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what financial information is required be before a bank grants you a loan?

2006-10-12 08:44:06 · 2 answers · asked by snackpack 1 in Local Businesses ➔ United States ➔ Other - US Local Businesses

2 answers

Bank will ask you about your income source(s), your credit history, your employment, among other items.

Of course, they will verify all information given.

2006-10-12 09:03:53 · answer #1 · answered by Michael Goodfellow 5 · 0⤊ 0⤋

They want to know what you have for collateral and what income sources. They grant loans to the lowest risks.

2006-10-12 17:17:42 · answer #2 · answered by Anonymous · 0⤊ 0⤋