Things You'll Need:
- Credit Reports
- Online Mortgage/finance Services
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Step 1
Call lenders and compare their loan programs and rates.
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Step 2
Select a loan program that best suits your personal and financial needs. Consider such things as how long you plan on living in a home or if your income will be increasing significantly in the coming years.
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Step 3
Provide your lender with the copies of the following information: most recent two years' W-2 forms; most recent month's pay stubs; the last two years' federal tax returns; your purchase agreement (if you already have it); profit and loss statements (if you're self-employed); most recent two years' corporate returns (if you own a corporation); your last three months' bank statements on all accounts (to verify down payment); bankruptcy papers (if applicable); and a completed loan application.
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Step 4
Wait. The loan process from start to loan approval for a typical loan transaction will take anywhere from one and a half to three weeks, depending on the particulars of your transaction and your lender.











