How to apply for a loan?
After clicking the "Apply Now" button, a customer has to fill out an online form providing information about the loan amount, business turnover, and credit score. If customers are eligible for an offer, a loan officer will contact them to help in completing the application form.
Requirements
To meet Midland Mortgage eligibility requirements, a customer must:
Be 18 years of age;
Be a U.S. citizen or a permanent resident;
Have a government-issued form of identification.
Application details
All borrowers should attach to the application Social Security Number (SSN), pay stubs for the last 30 days, the last three months' bank statements for bank accounts, addresses of employers and previous landlords for the past two years, valid government identification, account numbers of outstanding debts, employment information and estimates for incomes, assets, and liabilities. Applications are generally considered within one or two business days. Reasons for rejection include incongruity of documents to the requirements and poor clientele creditworthiness.
