How to apply for a loan?
You need to go to the Wyndham Capital Mortgage website and click "Apply Now". Wyndham Capital Mortgage participates in Fannie Mae's Day 1 Confidence program, making applying for a mortgage simple and fast. Here you can also opt out of housing appraisals and automatic income and asset checks and schedule a virtual closure.
Requirements
For you to become a client of the company, you must be at least 18 years old, confirm a U.S. citizenship, and have a stable source of income.
To apply for a Wyndham Capital Mortgage mortgage, you must prepare the following:
- Recent payment receipts;
- Your W-2s for the last two years
- Tax returns
- Recent bank statements
- Confirmation of employment
- Recent investment reports.
If you meet the lender's requirements, he will give you a preliminary approval letter. Sometimes, instant approval is possible.
The company carefully examines the applications and studies the documents. They also look at the borrower's debt-to-income ratio and the percentage of your monthly income. The company can reject you if your income doesn't meet their requirements or the documents do not correspond to reality. If the borrower is going to purchase an amount exceeding the usual accepted limits, he should apply for a large loan.
