Application Checklist for gathering the required documentation for mortgage approval.
An important part of the mortgage approval process is verifying the sources of your down payment and closing costs. Banks use this information to determine if your down payment is borrowed, signaling increased risk and additional debt. You can borrow a portion of your down payment and closing costs from a family member, but some mortgage programs require a minimum borrower contribution. Following is a brief list of acceptable sources of mortgage down payment funds
Using our online loan application, you can take your time and complete your application whenever it's convenient for you. And, you can always save your work and come back and complete it later if you need to.
Complete the request below for a written good faith estimate. We will then email you your results immediately. If you prefer, Call Steve Bernstein Directly (480) 424-7144.