Investing in a home demands a more rigorous application process than most other types of investing. To get approved for a
mortgage,
you have to present — and prove — yourself as a good borrower.
To fill out the standard mortgage application, you’ll need to answer detailed questions on your financial situation and the property you’re buying — and you’ll need the paperwork to back up your answers.
There’s no single list of documents that lenders request. Lending laws and regulations vary from state to state, and each lender has its own specific requirements. It’s a good idea to ask your lender in advance what paperwork it will need to process your application.
Dwight
P. Robinson, Senior Vice President, Corporate Relations,
Freddie Mac
To fill out the standard mortgage application, you’ll need to answer detailed questions on your financial situation and the property you’re buying — and you’ll need the paperwork to back up your answers.
Dwight
P. Robinson, Senior Vice President, Corporate Relations, 