The Mortgage Process: Step-By-Step – HUNT Mortgage

Once your offer is accepted, we will email you a list of paperwork that you will need to get the approval process started. If you’re purchasing a coop or condo, we recommend that you make an extra copy of all loan documents because you’ll likely need to include them with your coop/condo board package.

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This stage includes some of the most important steps in the mortgage process, so you shouldn’t skip it. Many first-time home buyers jump into the process with step #2 below. But this is a mistake. Before you start dealing with mortgage lenders, you should already have a budget on paper. You should also know your credit score.

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 · The Mortgage Process: Step-By-Step Before you purchase a home, get acquainted with the basics of the home loan process.. How To Make Your Offer Stand Out: HUNT Mortgage’s Pre-Purchase Commitment

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The Application . The application is the true start of the loan process and usually occurs between days one and five of the start of the loan process. With the aid of a mortgage professional, the borrower completes the application and provides all Required Documentation. The various fees and closing cost estimates will have been discussed while examining the many mortgage programs and these.

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Getting pre-approved for a mortgage is in an in-depth process that generally involves the bank digging through.

This post was contributed by a community member. The views expressed here are the author’s own. neighbor posts 5 Steps in the Mortgage Process, or, "Stop Asking Me for More Paperwork!"