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When filling out a home equity loan application what information goes under liabilities

by reza_kabirnia575 from Torrance, California. Feb 5th 2014 Reply


Joe Metzler (JoeMetzler)
#17 ranked lender in Minnesota - 4,848 contributions

Generally speaking, most lenders pull your liabilities off your credit report... But what they are looking for is mortgage loans, car loans, credit cards, etc. We don't include utilities, car insurance, etc.

Feb 5th 2014
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Robert Hanson (rhanson)
#38 ranked lender in Maryland - 646 contributions

Generally your "credit" liabilities. Home loans, Car loans, Credit cards, student loans, etc. I'm happy to help with the financing or just give you advice. If you need more information, or a competing rate quote call, email or use my live support button to discuss or get in touch with me. Web Address is: http://www.loansfromrob.com/quote/ Email is robertlh66@verizon.net and direct phone is 240-752-7549. Good Luck -- Rob Hanson

Feb 5th 2014
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William J Acres (William_Acres)
#74 ranked lender in Arizona - 8,728 contributions

The lender has software that will automatically populate that portion of the application with information pulled from the credit report.. Lenders look at your DEBT, and take the minimum payments associated with that debt.. if you know you have other debt that does not show on the credit report, then you have an obligation to inform the lender.. I'm a Broker here in Scottsdale AZ and I only lend in Arizona. If you or someone you know is looking for financing options, feel free to contact me or pass along my information. William J. Acres, Lender411's number ONE lender in Arizona. 480-287-5714 WilliamAcres.com

Feb 5th 2014
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Ralph Richard Guertin (ralph@absolutelowrates.com)
#58 ranked lender in Georgia - 807 contributions

Generally mortgage loans, car loans, credit cards, installment loans, personal loans, etc., NOT cable, cell utilities type bills

Feb 5th 2014
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Michelle Curtis Loan Originator NMLS 401173 (MichelleCurtisLO)
#77 ranked lender in Florida - 2,245 contributions

That will most likely be auto populated from your credit report when pulled by your lender. Liabilities for mortgage purposes is anything that reports monthly to your credit.

Feb 5th 2014
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