1 STOP MORTGAGE BLOG!

Getting Ready for a Mortgage

Applying For A Mortgage by Robert Lord The best thing you can do to ensure a smooth mortgage application is to prepare yourself before you even get pre-approved. That means understanding what kind of residential real estate you can afford, what a lender will look for when you request a pre-approval, and what you'll need to provide to your lender once you find a home and secure a contract on the property. Follow carefully the 5 steps outlined above and you will be prepared to apply! Start the journey to learn about getting a mortgage by clicking on The Learning Center tab ...

April 1st, 2016 | Loan Application, Getting Ready for a Mortgage

What NOT TO DO after Applying for Your Loan!

    Whether you are getting a home purchase or a refinance mortgage, DO NOT do anything that is going to change the information given and submitted on your loan application.  The information on the submitted loan application cannot change substantially from the day it was submitted to underwriting until the day the loan documents are signed at closing.  Should any of the FIVE "DO NOTS" listed below occur, you may find yourself in the position to require your loan will have to be resubmitted to underwriting.  For more helpful guidance, see 1 STOP Mortgage&...

January 30th, 2016 | Loan Application, What NOT TO DO after Applying for Your Loan!

Mortgage Application Checklist

Mortgage Application Refinance Checklist Personal Identification   Legible copy of Drivers License (front and back; enlarged 150%))    Legible copy of Resident Alien Card if not a U.S. citizen (front and back; enlarged 150%)     Present Property   For a refinance, Current Mortgage Statement showing current principal balance    Copy of Homeowners Insurance Declaration Page with insurance agent’s contact information    Copy of present Owners Title Policy from previous purchase or refinance, which may entitle   &nb...

December 1st, 2014 | Loan Application, Mortgage Application Checklist

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