{"id":6552,"date":"2019-07-02T11:55:20","date_gmt":"2019-07-02T15:55:20","guid":{"rendered":"https:\/\/sellingdelawarehomes.com\/delaware-real-estate\/?p=6552"},"modified":"2019-07-02T11:55:20","modified_gmt":"2019-07-02T15:55:20","slug":"your-loan-application-check-list","status":"publish","type":"post","link":"https:\/\/sellingdelawarehomes.com\/delaware-real-estate\/your-loan-application-check-list\/","title":{"rendered":"YOUR LOAN APPLICATION CHECK LIST . . ."},"content":{"rendered":"

loan app photo<\/a>\"\"<\/a><\/p>\n

When you apply for a loan, the lender will require the answers to certain questions and for you to provide specific documents. This is to make certain you\u2019re put into the correct loan product, FHA, VA, Conventional, or other.<\/p>\n

    \n
  1. What is the selling price and address of the home you\u2019ve chosen? Provide a copy of the signed purchase agreement, if applicable.<\/li>\n
  2. How much money are you planning to use as a down-payment?<\/li>\n
  3. Where does the down-payment originate? Is it from savings, a gift or a loan?<\/li>\n
  4. How long do you plan to occupy your new home? The lender will show you appropriate loan products between fixed rates, adjustable rates or a hybrid of the two.<\/li>\n
  5. What is your anticipated closing date?<\/li>\n<\/ol>\n

    In addition, all lenders will require the following documentation:<\/p>\n

    \u2013 Your Social Security number, to run your credit scores<\/p>\n

    \u2013 Your address and contact information for your employer of the past two years<\/p>\n

    \u2013 W-2s for the past two years and current paycheck stubs<\/p>\n

    \u2013 Bank and savings information, including printed bank statements for the past six months<\/p>\n

    \u2013 Revolving debt and loan accounts, and monthly obligations such as child support.<\/p>\n

    \u2013 Personal assets such as a stock portfolio, CDs, other property, and 401ks.<\/p>\n

    \u2013 Certificate of Eligibility and DD-214 (for veterans only)<\/p>\n

    \u2013 Tax returns with 1099s for the past two years and current balance sheet for self-employed applicants.<\/p>\n

    If you haven\u2019t chosen a home yet, getting pre-approved in advance will save you a lot of time and guesswork.<\/p>\n","protected":false},"excerpt":{"rendered":"

    loan app photo When you apply for a loan, the lender will require the answers to certain questions and for you to provide specific documents. This is to make certain you\u2019re put into the correct loan product, FHA, VA, Conventional, or other. What is the selling price and address of the home you\u2019ve chosen? Provide … Continue reading YOUR LOAN APPLICATION CHECK LIST . . .<\/span> →<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":6554,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-6552","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-miscellaneous"],"_links":{"self":[{"href":"https:\/\/sellingdelawarehomes.com\/delaware-real-estate\/wp-json\/wp\/v2\/posts\/6552","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/sellingdelawarehomes.com\/delaware-real-estate\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/sellingdelawarehomes.com\/delaware-real-estate\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/sellingdelawarehomes.com\/delaware-real-estate\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/sellingdelawarehomes.com\/delaware-real-estate\/wp-json\/wp\/v2\/comments?post=6552"}],"version-history":[{"count":0,"href":"https:\/\/sellingdelawarehomes.com\/delaware-real-estate\/wp-json\/wp\/v2\/posts\/6552\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/sellingdelawarehomes.com\/delaware-real-estate\/wp-json\/wp\/v2\/media\/6554"}],"wp:attachment":[{"href":"https:\/\/sellingdelawarehomes.com\/delaware-real-estate\/wp-json\/wp\/v2\/media?parent=6552"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/sellingdelawarehomes.com\/delaware-real-estate\/wp-json\/wp\/v2\/categories?post=6552"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/sellingdelawarehomes.com\/delaware-real-estate\/wp-json\/wp\/v2\/tags?post=6552"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}