The American Banking Entities are a very good resource for access to capital at low cost and fast processes.
The basic requirements are: Personal Data: Name, Date of Birth, Telephone Number, Current Address.
The banks base their decision on the analysis of two important factors:
• Financial Status: They use the average income tax return for the past 2 years. A clean banking history. Pay stubs that reflect a full time job. For contractors on their own they must have organized records that show their income.
In addition there are other factors to consider:
• Collateral that can guarantee your investment.
• Debts: affect the loan amount. One tip is to keep debts low and not apply for new loans, even if they are small if you want to buy a home. Although they offer you get into debt to improve credit, it is not a good idea as it decreases the amount of loans.