The Loan Application Process
What to expect and what items and documents are needed in order to complete a full Mortgage application
Once you have an accepted purchase offer, and you have given your agent the good faith deposit in order to open escrow, the next main step is to begin the loan application process. Most purchase contracts give you about 17 days after acceptance to get a formal loan approval, so time is of the essence. To help expedite a mortgage loan application process I have a list of required items that the lender will need and your mortgage lender will ask for to help expedite the loan application efficiently as possible.
Assuming you have already been pre-approved for a mortgage (supplied the basic income and credit information previously in order to validate that you can afford and be in a credit position to purchase a home), here are the items required:
Once you have gathered these items, you will be one step ahead in completing the loan application process once you are ready to proceed with the Mortgage request.
Meanwhile, please go to our "calculators" section and check out the various mortgage scenarios to better understand the basics of a mortgage payment and what is needed to qualify.
If you need to get approved for a mortgage, you can also apply for free on the website 24 hours a day. We offer this service for free to our customers, whether you use us as your buyers agent or not. We can still represent you as your mortgage lender and get you approved asap!
For Mortgage loan application, please APPLY NOW
These items for the mortgage application can also be sent via fax to: 1-909-803-9840 attn Joe Sanchez
TERRA LINDA REALTY
400 NORTH MOUNTAIN AVE., SUITE 223
UPLAND, CA 91786
Dre License # 01201910, NMLS license #359090 (dba Allied Equity), NMLS originator license 359382
All Rights Reserved. Terra Linda Realty 2014