Getting Pre-approved for a Mortgage involves the Following
Posted by Jill Bird on
Looking to become a homeowner & get a mortgage ?
Getting pre-approved involves the following:
1. Gather financial information: Collect your most recent pay stubs, bank statements, tax returns, & other financial documents that show your income, expenses & assets.
2. Choose a lender: Research different lenders, compare interest rates, & loan terms, & choose one that fits your needs & budget/
3. Complete loan application: Provide the lender with your financial information, including your employment history, credit score, & debt-to-income ratio.
4. Submit supporting documentation: Your lender will need to verify your financial information, so be prepared to provide proof of income, employment, & assets.
5. Get Pre-approved: The lender…
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