As part of the application process, in addition to filling out the application form, it is important to provide all the requested documentation needed, like income verification and bank statement documents. To help you prepare, check out our handy Mortgage Application Checklist.
There are steps you can take to help speed up the loan process.
Be available because the loan processors and underwriters will have questions. Your quick response to their inquiries will keep the process moving forward.
Provide all information requested right up front. Your lender will provide a list of items needed to process your mortgage application and if you omit important information or are not accurate with the information you provide, it could slow down the process.
And finally, do not hesitate to reach out to a member of your lending team when you have questions. It is important to provide the right type of information when needed, instead of leaving out details for not being sure of their importance. Not having all the information can slow down the process.