The process of obtaining a mortgage can be confusing, especially for first home buyers, and with all the recent changes that have occurred in mortgages. loan experience can vary from lender to lender, but the basic steps are same. The is the first step to complete a loan application. This can be done online, by phone or facetobe with your mortgage type. If the creditor does not have a broker generally do business with you and relate. Requests for personal information about you expect from your current and past residence, employment, income and assets debts. Many a month, once home to begin the search process are preapproved, you can not fall in love with a house is qualified. Once the loan application providers in the credit file. After careful consideration of all the information available for the rapid analysis of bond yields can be done to determine what price range at. Your mortgage consultant can also help identify potential barrier blocks and that the best Looking manipulative way. You will be asked to provide documentation of income and asset situation of information to help you with your loan application. You will be an oral or written list of required documents will be issued. These elements include bank statements, submarines and pay W2 forms. Statements that the borrower may own or leased, and houses for rent are required. Case Documents bankruptcy and divorce may also be necessary if the mortgage consultant applicable. Shortly after the presentation in a position to give the green light to start looking for a house. This can happen to an employee prior approval of the participant. If you wait until the consultant is not happy with the mortgage insurer may advise you to check the file and a formal approval. You must be prepared to provide a large number of documents and the patient, the process some extent the demand but the reward is worth it.