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Home >> Lending >> Personal
Information Needed for Personal Loan
I have several clients that are interested in installing solar arrays. What kind of information must they present to the bank to obtain a loan for this equipment and its installation?
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 If the clients want a home improvement loan they'll need information on the property, existing lienholders, payments, values, tax and insurance info, etc., plus what I say next. For a personal loan, just who they owe, payments, income, etc. They'll also need installation information, who, when, cost, what happens to the property, etc.
Published on BankingQuestions.com 2/11/10
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