Step 1. – (all six essential elements of a mortgage application are collected (borrower name, ss#, income, property address, loan amt, est. home value)
YOUR ACTION: Double check any outstanding documents are being provided ASAP (ie missing pages of bank statement, contact info for home insurance agent, etc…)
LIGHT HOUSE LENDING VALUE ADD: We are shopping for the best interest rate and loan terms. We are reviewing all income/asset documents provided and will reach out if any additional items are needed. We are laying the groundwork, telling the loan story to make it as easy as possible for processing and underwriting to approve your loan application.