Deciding to purchase a home may constitute one of the biggest, and possibly the most weighted and meaningful financial transaction of your life. Get some tips from our team and learn how to get a home loan.
It’s Easy to Get Approved for a Home Loan
Once you select First Choice Mortgage to obtain your home loan, you’ll be amazed at how quick and simple the loan process moves. Before you know it, you’ll have a mortgage that suits your lifestyle and saves you money. If you are wondering how to get a loan for a house with low income—or any income for that matter—we can help with that.
How to Get a Home Loan with First Choice Mortgage
Before starting a mortgage application or even looking seriously at a property, you’ll want to know a few things like your monthly income, the sum of your debts, your credit score, your budget, and about how much cash you can put down. View our mortgage checklist to get the full overview of how to prepare for the application process.
The mortgage process may require some paperwork, so having the documents beforehand could potentially save you time in the long run.
Throughout the loan application process, we’ll provide you with regular updates. You can also e-mail us with questions or new information. And if you want assistance, a mortgage expert who can answer questions is just a phone call away.
Now that you are ready, here is an overview of the loan-application process:
STEP ONE — Apply now! Getting started is easy
When you’ve selected a property and have a contract with the Seller, the next step is to complete your loan application. This can be done easily through our website.
To get started, start your application now. At the appropriate time, we’ll order a property appraisal for you.
STEP TWO — Your loan is approved and funded
Your Real Estate Agent or the Seller will designate an Escrow/Title Company to handle the funding of your loan, along with many other factors which make your purchase go smoothly.
We will coordinate with the escrow team and you’ll sign the final papers at their office.
Simple, Straightforward, Cost Effective, and FAST!