Things You'll Need:
- Online Mortgage/finance Services
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Step 1
Search the Internet for an online mortgage company. There are several types of lending companies: direct lenders who only fund their own loans; referral services that only refer you to the best company to fit your loan needs; brokers that search out the best deal and process your application; and mortgage auction sites that solicit bids from lenders based on your profile.
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Step 2
Identify your needs. Do you want to make a purchase or refinance? Is this a personal residence or an investment/vacation property?
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Step 3
Know the approximate loan amount and property value. If you don't know how much mortgage you can qualify for, most Web sites have calculators that will help with that process.
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Step 4
Answer questions online regarding your needs. Know how much you have available for a down payment and closing costs.
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Step 5
Print out a list of mortgage interest rates and loan points. Make sure you're comparing the same type of mortgage when you evaluate your options.
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Step 6
Begin the application process online by filling out its application once you have selected a company.








Comments
lwertz06 said
on 3/25/2008 quick question, don't know if neone can answer though...i have thousands of dollars in liquid assets, but i live off of that. so i don't currently have a job bc i'm going to school. is there ne way i would be able to get a mortgage without having a job? i'd rather get a mortgage than pay for it 'out-right' bc once school is finished i'll have a nursing degree and be able to get a good job...
Anonymous said
on 11/22/2005 Since these people online don't know you, check your credit reports and explain any negative things that might appear there. (Mine has something that really belongs to my ex!) Online, they only see the paperwork and don't know you personally.