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What should you do before applying or a mortgage loan, and what kinds of things should you avoid? This article walks you through some of the dos and don't of.
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TSP: Applying for a Loan – Before applying for a TSP loan, review the TSP booklet, Loans which is available from your agency, service, or this website. Please read it thoroughly; you will be held accountable for all of the rules and information it contains.
Applying for a home loan when you’re self-employed – Applying for a home loan can be daunting, and even more so when you’re self-employed. With the home loan industry stuck in traditional ways of thinking, there are many roadblocks self-employed people face when applying for a loan.
When and where to apply for your mortgage. You can meet with a mortgage lender and get pre-qualified at any time. A pre-qual simply means the lender thinks that, based on your credit score, income, and other factors, you should be able to get approved for a mortgage. It’s informal and totally non-binding.
Application documents you need to apply for a loan. This paperwork is used by your mortgage lender to verify your income and assets. Learn more about what types of documents you may be asked to provide.
If you're keeping your existing home and renting it out, you'll need to provide a lease agreement and proof that.
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