Once you select First Mortgage Home Loans to obtain your home loan, you'll be amazed at how quickly and simply the loan process moves. Before you know it, you'll have a mortgage that suits your lifestyle and saves you money.

Throughout the loan-application process, we provide you with regular updates. You can also e-mail us with questions or new information. And if you want assistance, a mortgage expert who can answer questions is just a phone call away.

Here's an overview of the loan-application process.

Determine how much you can borrow

Contact us and get prequalified. This is a simple process that can be completed over the phone or by e-mail. We also offer no-cost preapproval letters.

What you need for a mortgage application

1. Documentation of Income: (retirement, etc.)
   1. One month pay stubs for all borrowers
   2. Last two years W-2 (s)
   3. Last 2 years income tax returns

   **If you are using other types of income to qualify, additional documentation would be required such as:

   1. Award letter for Social Security income
   2. Proof of child support (Divorce Decree, award letter)

   If you are self-employed, paid commission or receive any other income used to qualify, (i.e. Rental Income) forward your last two years income taxes, Federal only, all pages.
    

2. All bank, stock, IRA statements all pages for past 2 months if funds are needed for the transaction
3. Copy of the Agreement of Sale
4. If you are selling your current residence, copy of the Agreement of Sale or settlement statement if the transaction is already closed
5. Application Fee: (Make checks payable to First Mortgage Home Loans)
   1. $25.00 for credit report
   2. $275.00 for conventional appraisal or
   3. $325.00 for FHA / VA appraisal
   4. For investment property see your Loan Officer, appraisal cost depends on type of property
6. For a Refinance:
   1. Copy of Homeowners Insurance
   2. Copy of the latest Mortgage Statement

Please Note: Each loan is unique and may require other documentation to complete the processing of your application. Should the documentation provided by you and / or secured by our firm, require additional explanation or information, you will be contacted by our staff.

Important Note: Do not allow anyone to obtain free credit reports for you. Numerous inquiries on your credit report can lower your "credit risk score". Only one report is needed for a mortgage and we will obtain that at application.

Apply Now! Getting started is easy.

When you've selected a property and have a contract with the Seller, the next step is to complete your loan application. Contact us and we will complete the process in person, by phone, or by overnight mail.