• Credit history
• Employment history
• Assets including your bank accounts, stocks, mutual fund and retirement accounts
• Property value
• Based on your specific situation, additional documents or verifications may be required to improve your chances of getting a loan approval:

Mortgage Loan Application form

• Fill out the loan application completely.
• Respond promptly to any requests for additional documents. This is especially critical if your rate is locked or if you plan to close by a certain date.
• Do not make any major purchases. Do not buy a car, furniture or another house till your loan is closed. Anything that causes your debts to increase might have an adverse effect on your current application.
• Do not move money or make a large deposit into your bank accounts unless it can be traced. If you are receiving money from friends, family or other relatives, please contact us for suggestions.
• Do not go out of town around the closing date. If you do plan to be out of town when your loan is expected to close, you may sign a power of attorney, to authorize another individual to sign on your behalf.

• Close the Loan
  After your loan is approved, you will be required to sign the final loan documents. This will normally takes place with your attorney or settlement agent of your choosing. Be prepared to:

  Bring a cashiers check for your down payment and closing costs if required. Personal checks are normally not accepted.

  Review the final loan documents. Make sure that the interest rate and loan terms are what you were promised. Also, verify that the name and address on the loan documents are accurate.

• Sign the loan documents.
  Your loan will normally close shortly after you have signed the loan documents. On refinance and home equity loan transactions federal law requires that you have 3 days right of reccession before the loan funds.