A and N Mortgage: Why do I need to pay earnest money?

A and N Mortgage: Why do I need to pay earnest money?. Closing on Your New Home: What Does That Mean? Mortgage Process w Mike McNamara 6 NMLS ID # 296946

A and N Mortgage: Why do I need to pay earnest money? video duration 1 Minute(s) , published by A and N Mortgage Services on 03 09 2015 - 13:50:56.

Animation/Editing: Matt Nikkila Music by: David Kornfeld Theme Song Lyrics by: Ricky Glore Vocals by: Ali Delianides, David Kornfeld and Ricky Glore

As a mortgage professional, Brad Boden stands out
For three consecutive years, he has been named among the country's top 1 percent of mortgage originators, . Website: www.mikemcnamara.net LinkedIn: https://www.linkedin.com/in/mikepmcnamara/

Animation/Editing: Matt Nikkila

Music by: David Kornfeld

Theme Song Lyrics by: Ricky Glore

Vocals by: Ali Delianides, David Kornfeld and Ricky Glore

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– Craig wants to put an offer in, on purchasing a house.

– An offer to buy a house is usually accompanied by an “earnest check.”

The reason for the check, is to show the seller, that the buyer, Craig, “earnestly” intends to buy the home.

– Craig’s LOAN OFFICER at A&N, will need some documents to show that the Earnest Money Check, has come from Craig’s account.

This allows the Earnest Money to be applied towards your down payment and minimum required investment.

– You will need to obtain a copy of the cancelled check (the check that has cleared your account) whether it is a standard or cashier’s check. Additionally, we will need the bank statement showing the amount of the actual check clearing your account with the check number matching that on your bank statement.

- Please keep in mind that we will need ALL pages of any bank statement (even if the page is blank) whether the statement is used to verify your Earnest Money, or funds to close.
– With A&N Mortgage, we’re gonna make sure you have what you need, so you can get exactly what you want.

A and N Mortgage is an Illinois residential mortgage license company, NMLS Number 19291 773-305-LOAN ANMTG.com

THIS IS AN ADVERTISEMENT. This is not a commitment to lend. A and N Mortgage Services, Inc. is an Illinois Residential Mortgage Licensee and Equal Housing Lender. 1945 N Elston Ave. Chicago, IL 60642 p:773.305.LOAN (5626) www.amtg.com NMLS #19291 IL MB.0006638. Serving IL, IA, IN, FL, MA, MI, MN, TX, WI