888.844.7077
Contact Us | About Us | Home

 

888.844.7077
Contact Us | About Us | Home

 

interest rates application payment
interest rates application payment
home loans

 

Quick Loan Application
 
Figure if you can afford your
DREAM HOME,
Prequalify Today!

 

Quick Loan Application
 
Figure if you can afford your
DREAM HOME,
Prequalify Today!
Simple and Easy Mortgage Loans
Simple and Easy Mortgage Loans

Speed Up the Mortgage Process

Once complete, your application will be given to a processor in the mortgage company who will organize your paperwork and may verify your employment, bank balances, and other information.

Be sure to respond promptly to requests for information while processing is taking place.

Commonly requested items during processing that may not have been collected during the application include:

  • The final purchase contract for the house (if applicable).
  • If you're self-employed, the mortgage company may require your personal and business tax returns for the previous two years and your company's year-to-date Profit and Loss statement.
  • Divorce settlement papers, if applicable
  • Updated account statements for listed assets in the application that may have changed in value.
  • Information about debts or credit report items that may have been delinquent or not accurate.
  • Evidence of your mortgage or rental payments, such as canceled checks.
  • An irrevocable gift letter if you are receiving a monetary gift from a relative.

The processor is collecting this information before presenting it to an underwriter. An underwriter reviews all the information in your loan file to determine if the application meets the lender guidelines. With approval, a lender should give you a letter of commitment, which is a promise from the lender to make a loan based on specific terms and conditions.

 1st Rate Home Mortgage, Inc. 
All Rights Reserved

 1st Rate Home Mortgage, Inc. 
All Rights Reserved

888.844.7077
NMLS ID: 37411 | http://www.nmlsconsumeraccess.org/ | Texas Consumer Complaint and Recovery Notice

Alaska, Arizona, California, Colorado, Florida, Hawaii, Idaho, Illinois, Maryland, Michigan, New Mexico, Oregon, Texas, Utah,
Virginia, and Washington
AK37411, AZ0940290, CA BRE-01863044, CA DBO-603G892, FL MLD1188, HI-37411, ID MBL-7153, IL MB.6761146,
MD 21315, MI FL0018183, NM 03711, OR ML-4837, UT 9896852, VA MC-5623, and WA CL37411
 



 

 

 

888.844.7077
NMLS ID: 37411 | http://www.nmlsconsumeraccess.org/ | Texas Consumer Complaint and Recovery Notice

Alaska, Arizona, California, Colorado, Florida, Hawaii, Idaho, Illinois, Maryland, Michigan, New Mexico, Oregon, Texas, Utah,
Virginia, and Washington
AK37411, AZ0940290, CA BRE-01863044, CA DBO-603G892, FL MLD1188, HI-37411, ID MBL-7153, IL MB.6761146,
MD 21315, MI FL0018183, NM 03711, OR ML-4837, UT 9896852, VA MC-5623, and WA CL37411