How to apply for a loan?
- Consider your choices and determine how much money you have available to spend;
- Please fill out the application online;
- Organize your data and documents;
- Request pre-approval;
- Simply give your Just Funded Mortgage loan officer a call to discuss the various alternatives for your loan program, including the rates, terms, points, and other parameters;
- Put your signature on the necessary application materials. You will be able to get assistance from a loan officer who can guide you through the procedure;
- Get ready for an upcoming conclusion.
Requirements
You must meet the following criteria before an individual is considered qualified for a loan through Just Funded Mortgage:
- Minimum FICO credit score: 620 for conventional loans, HELOC and HELOAN, and 500 for VA and FHA loans;
- Minimum age of 18 years old;
- At least two years worked for oneself, interest-only loans for 30 and 40 years;
- With LTVs as high as 97.5 percent and DTIs as high as 50 percent.
Application details
The following is a list of the necessary documents to apply for a mortgage:
- Copy of the signed contract for the sale of a motorcycle with all riders included;
- Authentication of your deposit on the house and bank statement;
- There will be a list of all the real estate agents, construction companies, and attorneys involved;
- If possible, a copy of the Listing Sheet and legal description (you should provide the Condominium Declaration, by-laws, and most recent budget if the property is a condominium unit);
- Copies of your most recent 30-day and year-to-date pay stubs are required;
- For the last two years' W-2 forms;
- The last two years of work history, including all of your previous employers;
- A letter addressing any work gaps that may have occurred in the prior two years;
- A work permit or a work visa (copy front & back).
