Loan application online, Free Credit Report

The Residential loan application is a long form

Loan Application You can fill it on your computer then print, sign & fax "206-350-8787" or you can write it by hand, print blank form first.

Applying for a loan is like doing your taxes, not much fun but once you get organized it will become easier. Items you need to fill the form; SS #, employers & residences, bank statements. (Full doc. loan program only, 2 most recent pay stubs to figure income)

Help filling out the form

Begin filling out each relevant line. Leave lines blank if they don't pertain to you
*** Leave Section I, Type of Mortgage & Terms of Loan, blank
*** Fill out Section II, Property Information if you know & Purpose of Loan
*** Fill out Section III, Borrower Information, with personal information
*** Leave Section VII, Details of Transaction blank
*** Fill out Section VIII, mark the question YES or NO
*** Fill out Section IX, read, Sign, date & fax

Check your credit report free at Federal Trade Commission or go directly www.annualcreditreport.com it is advisable to fix any discrepancies before submitting for a loan. You can dispute discrepancies online if you have documents to prove it at experian. See below for improving your credit score.

Some Tips

* When two people are applying for the same loan, the primary money earner is typically the borrower, not the co-borrower; but the order won't affect your application.
* If your company given "PIN" number for automated employment verification, provide that number or have your employer issue your number. It could take up to 2 weeks to get a number issued!
* less than 2 year history in the same type of job, guidelines require 2 years history, exception, sub prime with higher rate @ least 1 year, unless coming out of college with a professional degree.
* self-employed, federal & any corporate tax returns, profit and loss , 2 years.
* Keep it real. Don't fudge any information on your application. Banks and lenders don't like false information, it could cause a lots of hassles or loan denial, consult with your loan officer.
* if your Credit score is low or found discrepancies read.

How to Improve your Credit Score & save Thousands!