Deciding to buy a new home is exhilarating! That doesn’t mean it doesn’t come without its challenges of course. One of the most intimidating hurdles that buyers have to go through is the home loan application process. While most buyers find some comfort completing applications in-person with their bank or broker, online home loan applications have become much more commonplace – and ours is the best!
What Do I Need for an Online Home Loan Application?
If the idea of applying for a mortgage loan online has you a tad nervous, you’ll be happy to hear that the process isn’t nearly as complex as you may think. Knowing what information will be asked is the easiest way to prepare you to fill out a mortgage loan application form online. Not quite sure what information you’re going to need? Here’s a handy list of must-haves you’ll want to get your hands on before starting your application:
- Credit card account information
- Personal loan account information
- Bank statements for the past two months
- Current pay stubs or if self-employed, your tax returns for the past two years
- Retirement account statements for the past two months
- Your investment account statements for the past two months
- Your auto loan account information and the make and model of the vehicles you own, and their resale value
- Your life insurance policy
- Your Social Security number
If you currently own real estate, you’ll also need to have your current mortgage account information, home equity account information, and your home insurance policy information.
Why is Our Online Home Loan Application Better?
Start now, finish anytime! How does that sound? To begin you create an account, and from there our system keeps track of which step of the process you are in… so you can pick up where you left off.
At Fairway’s First Team our online loan application process is split up into three simple steps:
- Create your account. When you choose to start your application, you’ll be presented with your local loan officer as well as their contact information.
- Fill out the actual application. Simply use the documents you collected prior to starting your application and fill in the necessary information.
- Upload required documents. Finally, you’ll be asked to upload certain documents to help back up your application answers.
Once you’ve completed each of these steps and hit submit, your application will be complete and sent in for review by one of our staff members.
Once our staff has reviewed your application, we’ll contact you to push ahead!
Online Mortgage Applications Made Simple with Fairway’s First Team
Buying a new home doesn’t have to be an arduous process. With the right team at your side, you can move through the online home loan application with ease.
At Fairway’s First Team, we don’t want you to feel intimidated by the application process. That’s why our online mortgage application is considered one of if not the the easiest applications to use in the industry. It allows prospects to start at any time and finish when it’s convenient for them.
Simplicity is about more than convenience with the Fairway team. Our Fairway ExpressClose® application process’s simplicity leaves consumers feeling confident in the process and eager to move forward.
Are you ready to make your next big move? Apply for your home loan today with the world’s most straightforward online mortgage application!
Planning to purchase your dream home? Get the right information and assistance from Fairway’s First Team’s Home Buyer’s Checklist. You’ll find a comprehensive range of financing options and diverse mortgage advice. https://t.co/nT6VdpYw4J home-buying-checklist pic.twitter.com/B3QBW8HVFG
— FairwaysFirstTeam (@FairwayImco) March 25, 2022