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How to apply for a mortgage?
I am totally new on it because I'm 18 years old. I do have a job and want to save enough money to by my own either buying a house or an apartment.Also I'm in college and want to learn before I graduate.
2 Answers
- D.E.B.S.Lv 710 years agoFavorite Answer
To apply you generally go to a lending institution (bank or credit union) or a mortgage broker and tell them what you want to do. They will get information from you to fill out a credit application and you're on your way. Before you get approved and everything is complete you'll be asked to provide many pieces of financial information such as pay stubs, bank accounts, and things like that so that they can verify your income, debt, and how much money you have.
- ?Lv 710 years ago
You fill out an application with all your financial information. Go borrow a book from the library on buying your first home.