Loan Application and Documentaion - Utah Homes For Sale

By: Robert A. Hulme - Realtor - Loan Officer -Utah County, Including Provo, Orem, Pleasant Grove, American Fork, Lehi, Highland, Alpine and Cedar Hills, Eagle Mountain, Payson, Saratoga Springs, Spanish Fork, Springville, Mortgage Xpress, Agent

When it comes time to purchase new home, your first step in the purchase process is to get pre-qualified for your home loan. Once you contact a Mortgage loan officer, he will ask you to fill out a Mortgage Loan Application (1003) and supply him with documentation. The documentation required will vary, but generally you will supply the following:

•· Federal income tax statements and verification of any additional income

•· Your two most recent W2's

•· Current paycheck stubs

•· Recent bank statements

•· Asset and liability information (stocks, bonds, other real estate, etc.)

Good Luck and Happy house hunting.