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Updated over 18 years ago,
Question about Loan PreQualification
I am filling out a prequal form for preconstruction loan and they are asking to verify that i have 25,000 in assets, credit above 680 and at least 6 months of mortgage payments available. I have great credit and barely the money in the bank to cover 6 months but my problem is the assets. I'm just starting out and i was wondering if their is a way to show that i have 25,000 in assets or anything else i can do to make the lender happy.
Thank you,
Shawn