Steps to Apply for a Mortgage:
A home mortgage is a substantial obligation, and it requires some considerable work and thought. These are the basic steps you can expact:
1. Visit your selected lender and complete a Uniform Residential Loan Application. It requests information about your income, assets, liabilities and a description of the property you want to purchase.
2. The lender will need documentation about your personal finances. You may be requested to provide any or all of the following information; Social Security Number, birth date, recent pay stub showing year-to date earnings, W-2 tax forms and tax returns for the last two years, name, and address, and phone numbers of your employers for the last two years, information about your current loans and charge accounts...
Posted : April 01, 2009 |
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