Application Checklist 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.Online Loan Application Tutorial ~ Online Loan Application Arizona Central Mortgage
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