How to apply for a loan?
After clicking the "Apply Now" button, an Arbor Realty Trust user has to complete and submit a personal loan application form, pointing out first and last name, address, income, the desired loan amount, and loan purpose. Then, wait for a contact from an Arbor Realty Trust representative within the same or the next business day. If customers qualify for a loan, they will be required to provide all necessary documents and wait for loan approval.
Requirements
Eligibility for Arbor Realty Trust services includes:
- Being a minimum of 18 years old;
- Being a U.S. or a permanent resident;
- Having a few years of credit history.
Application details
A customer should attach to the application:
- Social Security number;
- Valid personal and checking accounts;
- Recent pay stubs as a proof of income;
- Driver's license or other government-issued ID documents;
- Citizenship data and residence permit.
Applications are commonly considered within a few business days. Reasons for rejection include incongruity of documents to the requirements, insufficient average credit score, or poor clientele creditworthiness.
