• 			Golden Mortgage Corporation
  • 			Golden Mortgage Corporation
  • 			Golden Mortgage Corporation
  • 			Golden Mortgage Corporation

Purchase Mortgage Process

1)  First Meeting

During the first meeting or telephone call, we will give you an overview of general mortgage process.  

2) Mortgage Qualification

Mortgage qualification depends on your Credit Score, Credit History, Income, Assets and Employment.  Lenders interest rates are based on the risk profile of the borrower. The best credit allows you a lower down payment and lower mortgage rate. Borrowers with recent credit issues may require larger down payment and a probable higher interest rate to compensate for the risk for default.

Compensating factors such as job stability and high asset balances after closing may offset risk.

2) Gather Information

You should collect documents in a mortgage folder containing your personal financial information

Income

  • 30 days of most recent paystubs
  • last 2 years of W2
  • last 2 years Federal Income Tax returns (1040) signed
  • if new employee (offer letter)

Assets and Reserves for down payment

  • 2 months of bank statements (all pages)
  • most recent quarterly retirement, mutual fund, stock accounts

Identification

  • Photo identification (driver license or passport)
  • Foreign National work visa (if appliable) 
  • Social Security Card

3)  Fast Pre-Approval

Banks and lenders can accss your loan options based on price and timing of your purchase.  Often having a pre-approval letter when making an offer can make your appear more desirable to a seller to ensure an on-time closing.  

4) Get a Rate Quote

In order to receive a customized rate quote, please fill out the form below. We will contact you shortly. We can also provide a mortgage pre approval or mortgage pre qualification.  Thank you for the opportunity to earn your business.


Please note that the fields marked with an asterisk (*) are required.

First Name*:  
Last Name*:  
Morning Phone:  
Evening Phone:  
Email Address*:  
State:  
Best time to contact:  
Credit History:  
Loan Amount($):  
Property Value($):  
Loan Purpose:
Verify income?
Property will be:

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