6 things you should do when taking a mortgage in houston tx
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6 things you should do when taking a home loan in Houston TXTRANSCRIPT
6 Things You Should Do When Taking a
Mortgage In Houston, Texas
Lending2all.com is a Leading Company for Home Refinance & Mortgage Loans in Houston, TX.
1. Organize
• Save Time and avoid delays – have all necessary information available when you meet with your lender.
• A list of necessary documents can be found here:
Lending2all.com/Loan-Info/Loan-Process
Lending2all.com is a Leading Company for Home Refinance & Mortgage Loans in Houston, TX.
2. Get Qualified • It is highly recommended that you be pre-
approved before you start looking for a home. Being pre-approved will:› Inform you of your maximum affordable home
value.› Put you in a stronger negotiating position with
the seller› Help you close quickly, since your loan is pre-
approved.
Lending2all.com is a Leading Company for Home Refinance & Mortgage Loans in Houston, TX.
3. Shop Loan Programs & Rates
• Consider the following:› How long you plan to keep the loan.› Understand the relationship between rates
and points.› Consult an experienced loan originator in
order to find the a loan program which fit your plans.
Lending2all.com is a Leading Company for Home Refinance & Mortgage Loans in Houston, TX.
4. Apply For a Loan• You can apply online or in person.• Complete and sign the following forms:
› Residential loan application› Form 1003 › Loan info sheet› Credit authorization and fair lending notice› Any additional documents your loan originator
may request – read the complete list here.
Lending2all.com is a Leading Company for Mortgage Loans & Home Refinance in Houston, TX.
5. Obtain Loan Approval• Once your loan application has been
received, the loan approval process starts immediately.
• The process involves verifying your credit history, Employment history, Assets and Property value.
• To improve your chances of getting a loan approval - read the list of actions here:
Lending2all.com is a Leading Company for Home Refinance & Mortgage Loans in Houston, TX.
Lending2all.com/Loan-Info/Loan-Process
6. Close The Loan
• After your loan is approved, you will be required to sign the final loan documents.
• This will normally take place in the presence of a notary public.
• Your loan will normally close shortly after you have signed the loan documents.
Lending2all.com is a Leading Company for Home Refinance & Mortgage Loans in Houston, TX.