While most people may think that everyone is at least eligible for a mortgage, this is not necessarily the case. Mortgages have eligibility guidelines, as well as, qualifying guidelines, both of which have different meanings. Many people may be eligible, but they may not qualify. Usually, documentation for proof of eligibility is always required at the beginning of the mortgage process for eligibility purposes.
It is always a good idea to bring any proof of identity and eligibility, such as social security cards or permanent resident alien cards, when applying for a mortgage. These documents are needed for anyone who is an applicant for the mortgage. This will assure that the application can move to the next step, which is qualifying for the loan.
