How JustAnswer Works:
  • Ask an Expert
    Experts are full of valuable knowledge and are ready to help with any question. Credentials confirmed by a Fortune 500 verification firm.
  • Get a Professional Answer
    Via email, text message, or notification as you wait on our site. Ask follow up questions if you need to.
  • 100% Satisfaction Guarantee
    Rate the answer you receive.
Ask Attyadvisor Your Own Question
Attyadvisor, Attorney
Category: Real Estate Law
Satisfied Customers: 7074
Experience:  29 years of experience in General Practice, Real Estate Law and Estate Law.
Type Your Real Estate Law Question Here...
Attyadvisor is online now
A new question is answered every 9 seconds

When disclosing assets in a mortgage application, aside from

This answer was rated:

When disclosing assets in a mortgage application, aside from investments,retirement, savings etc.. what else should I list. Firearms, vehicles, antique clocks?
Welcome and thank you for your question. I will be the professional that will be assisting you.

Lenders are generally interested in your liquid assets. They are interested in saving accounts, checking accounts, CD's, stocks, bonds, 401K's and IRA's. They are generally not interested in art, antiques, vehicle.

There are basically trying to determine your debt to income ratio to make sure that you have enough monthly income to pay the mortgage.
Attyadvisor and other Real Estate Law Specialists are ready to help you
Thank you. We appreciate your business.