The loan approval process generally begins with an initial interview
where the prospective borrower and the mortgage professional discuss the
It is customary for people to speak with the mortgage broker before
house hunting to determine in advance what price range they can
realistically afford and the mortgage amount for which they can qualify.
This step is called pre-approval and can save you much time and
heartache by making certain you are approved for your financing before
even going out and finding your next dream home. Most sellers and
realtors require prospective buyers to provide evidence that they are
"Pre-Approved" and have their financing already in line. This
pre-approval paperwork can be provided by the loan officer after you
speak and provide them with additional information such as the
Names of all borrowers that are going to be on the mortgage along with current addresses Social security numbers and birthdates for all borrowers
2 years of employment history for all borrowers
Current Income for all borrowers
Having these items on hand when speaking with the loan officer will help
speed up the application process and will assist the loan officer in
qualifying you for the right mortgage program. There is NO upfront
application fee when working with MJ Mortgage & Tax Services, Inc.
unlike some other mortgage brokers that require an upfront fee at time
To assist you in your mortgage process or answer any other questions you
may have, please contact us and one of our loan officers will be more
than happy to assist you with your financing needs!!!!