If you are getting a mortgage in the near future, you will be required to have some paper work. The some paper work will need to be filed out. Other paper work you will need to bring to your loan officer. Some of the paper work you will sign included the credit report disclosure, Good faith, and Til or truth in lending.

They will want to get the whole picture. They will need to get certain information from you to get the whole picture. This will include such items as your credit report, last 2 years w2, bank statements.

Basically the loan officer can not even start on your loan with out the proper paper work. Having all the information on your loan will help speed up the process. legally a loan officer can not start on the loan without the proper paper work being signed.

The next step is getting an underwriter to approve your loan. The underwriter is just approving the information that was submitted on the application. The next step is proving the information on the application. This is done by a digging into all the information about you and the property.

The underwriter will need to verify everything. This is a lot of money and is very dynamic. The underwriter needs to very the appraisal, flood reports, insurance coverage, and title work. To just to name a few items that need to be checked.

Items to be checked

1) Proper home value

3) that the property is in acceptable condition;

4) there aren’t problems with the title/ownership to the property.

during the loan process their will all so need to be loan paper work that will need to be signed. This paper work will need to be properly read and signed in the proper place. If you do not sign you will not get a loan.

The federal and state government will have certain forms that will need to be signed by you. You will all so need to fill out information on where you have lived and all your employment information. The under writer will be checking this information.

w-2 for the last 2 years

one month of pay receipts

Insurance agent name and number

Bank Information

if you can have these items handy this will give you a great head start on the process.

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