Conexión Popular helps you guide your client to achieve an agile and obstacle-free mortgage loan closing
Conexión Popular
Popular Mortgage presents a service that supports realtors’ efforts, whose main objective is to offer a unique service experience that goes beyond a mortgage loan closing.
Collaborating toward a mortgage loan closing
Your client chose the house of his dreams. Now it is up to you, as a real estate broker, to guide him so he may achieve a an agile and obstacle-free mortgage loan closing. In order for that to happen, you should make sure that he arrives to the lending institution with the necessary documents to fulfill a loan application. These include, among others:
Evidence of employment income (whether salaried or self-employed)
Rental income
Information about assets
Savings accounts
Divorce sentence and stipulations or prenuptial agreements, if applicable
Declaration of legal heirs
Declaration of pension income, including:
Child support
Retirement
Disability
It is also your duty to check the registry and tax status of the property. This information can be found in the property’s title deed and in documents available at the Municipal Tax Collection Center (CRIM, for its Spanish acronym). This way, you will avoid surprises at closing and you will assure everything goes as expected.
For your convenience, we’ve prepared a guide of necessary documents for a mortgage loan consideration. Share it with your clients so they may be prepared when they request a mortgage loan.
For more information, contact our experts at Conexión Popular:
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Credit Reporting Disputes You have the right to dispute the accuracy of the credit information we have reported by writing to us and describing the specific information that is inaccurate or in dispute, and the basis for any dispute with supporting documentation, to the address below.
Banco Popular de Puerto RicoPO Box 71589San Juan PR 00936
Please write a letter with the following information:
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Date of birth
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