Can Creditors Collect Information Beyond The 6 Required Pieces?

 

In addition to the following required pieces:

  • Name
  • Income
  • Social Security Number
  • Property Address
  • Estimated Property Value
  • Mortgage Amount Sought

A creditor may collect whatever additional information they deem necessary.

However, as soon as you have provided the 6 required pieces, the creditor has 3 business days to provide a Loan Estimate for approved loans.

CARING ABOUT THE COMMUNITY. FIRST.