Applying for a mortgage loan can be like starting a gym routine—intimidating at first, but with the right plan, 90% of it is just showing up!
The first step is filling out your mortgage application. This is where you’ll share your personal and financial details so we can review them. Don’t forget to upload your documents—this helps us give you an accurate pre-approval!
Next step is to request and pay for your credit report. This gives you a copy to review for accuracy, provides access to your credit scores, and allows us to use it for your pre-approval. The credit report costs $98, paid directly to the credit bureaus.
After reviewing your application and credit report, we’ll have a consultation to discuss your loan amount, monthly payment, and the homebuying process. This is also a chance to answer any questions you have.
If you’d prefer to complete your application over the phone, just click here.
Frequently Asked Questions
What is a Pre-Approval?
A pre-approval is a preliminary determination of how much you qualify to borrow, your potential interest rate, and loan terms based on your income and credit information under a lender’s guidelines. The biggest benefit of getting pre-approved is knowing exactly how much you can afford, allowing you to focus your home search on properties within your budget.
Why do you require documents?
We require documents to verify the information you provide in your application. These third-party records confirm your job history, income, and assets. While not all lenders require documentation upfront, we prioritize accuracy in our pre-approvals. Our goal is to ensure that when we say you’re pre-approved, you can confidently move forward with your home purchase knowing your loan is solid.
Why do I have to pay for my credit report?
Your credit report is a key factor in determining your loan eligibility, as it provides details about your current debts. Paying for the report allows you to review your credit for accuracy and see your score. The good news—we’ll credit you back the cost of the report when you close your loan!
Do I need a Realtor when shopping for a home?
Yes, and here’s why: Buying a home is one of the biggest financial decisions you’ll ever make. A knowledgeable Realtor acts as your advocate, helping you find the right home, determine an offer price, negotiate with the seller’s agent, and navigate escrow, title, and disclosures. A good Realtor can also prevent costly mistakes, such as overpaying or choosing a home with hidden issues.
Do I need a home inspection?
A home inspection is different from an appraisal. While an appraisal determines a property’s value, an inspection assesses its condition. It identifies potential issues, estimates repair costs, and gives you a clear picture of what you’re buying. While inspections aren’t always required, they can help you avoid expensive surprises down the road.