real estate


Question by  ddh (44)

How do I get a mortgage?

I know I need to apply for one, but where do I start when trying to get a mortgage?


Answer by  blahblah (670)

The best place to start is the bank or other financial institution where you have a checking or savings account. Next choice, other banks in town.


Answer by  petra7x (17)

If you are a member of a credit union, or can become one through work or other affiliation, that is usually a good first place to look for a mortgage.


Answer by  carrots (156)

You might want to first get preapproved for a mortgage, then find your property to purchase and go back to mortgage company with earnest money contract and complete their application.


Answer by  Devin98 (487)

Choose a mortgage company based upon a referral from friends or maybe your real estate agent will have some information. This company will guide you along the process.


Answer by  barkley (951)

Many different financial institutions offer mortgages (bank, credit unions) go to a location or apply online, you complete the application then they will request additional documentation from you such as pay stubs, tax returns, etc. They normally collect money up front for credit report and appraisal costs.

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