When Applying for a Real Estate Loan

Get Pre-Approved for a Mortgage to Buy a New House
When you meet with your Real Estate Agent, they will assist you with getting pre-approved for a new mortgage prior to making an offer on a home and usually prior to viewing homes. Your Real Estate Professional and Mortgage Lender will work together to make this a successful process for you.
Congratulations! You and your Real Estate agent have successfully negotiated an offer and you have a fully executed contract. Now what?
Unless you are paying cash, the next step you want to take is to officially apply for your loan. You will most likely meet with your chosen lender. Your lender will want all documentation required to support your income and assets. They'll need a check to pay for an appraisal and credit report which they will order immediately.
The most important thing you can do as a home buyer at this point, is cooperate with your mortgage lender and provide the information provided in a timely manner.
In most cases, you will have a limited amount of time to secure your full loan approval.