 Mortgage Info > New Life Mortgage > Applying for Your Home Loan
 | Applying for a Loan |  |
Congratulations! You are only a few steps away from realizing your dream of homeownership. When the offer you make on the home of your dreams is accepted and you have a signed purchase contract in your hand, call us immediately. As of that moment, your interest rate protection will be extended for 45 more days (or up to 60 days in the case of government loans), giving us enough time to completely process your loan. ?
The Documentation You Will Need
To be approved for a loan, we need to know about your sources of income, your debts, and your credit history. You have already given us the necessary information to at least pre-qualify you for a loan. Now is the time to apply formally for a loan, filling out a complete application, and supplying us with documents that verify the information that you have given us. Having the proper documentation makes the loan process much quicker and easier for everyone.
Below you will find the documentation that you should bring with you when you
Are applying for a loan: | If your income comes from a salary: | - Original W-2's for the past two years
- Original paycheck stubs covering the most recent 30 days
| | If you are self-employed: | - Tax forms for the past two years
- Your current account balance
- Declarations of Gains and Losses from the beginning of the year
| | If you have income from other sources: | - Real Estate Properties
- Tax forms for the past two years
- Rental contract(s)
- Other
- Any proof that you are receiving other sources of income
| | If you have checking or savings accounts: | - Past three month's statements
| | If you have co-borrowers who would like to be approved together with you for the loan, please bring: | - The name(s) of the co-borrower(s)
| | If you do not have a credit history, do not give up. Our Home Loan Consultants will do everything possible to help you get a loan Please bring: | - Gas and electricity payment receipts
- Telephone payment receipts
- Rent payment receipts
- Any evidence of regular and timely monthly payments you have made. This can include:
- Auto or life insurance payment receipts
- Furniture or Jewelry payment receipts, catalog purchase payments, computer payments, or other monthly payments
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