How to apply for a loan?
You can fill out an online form or apply immediately using the My UHM app to begin the process. You can compare loan options and the conditions necessary to carry your application ahead by completing the application form. The Union Home website claims that prequalification may be obtained within an hour. Once your application has been received, and your offer has been approved, a professional will assess your property. Your loan will be underwritten, and your closure will be arranged after it has been completed and fully authorized.
Requirements
Union Home Mortgage originates loans for US citizens and residents. To qualify, the applicants should be at least 18 years old in most states, and they should have a stable source of income and a satisfactory debt-to-income ratio.
Application details
Your loan officer will inform you what documents you should attach to the application, as your application is one-of-a-kind. In most cases, Union Home Mortgage customers provide documents that verify their income, employment, and assets (for example, paystubs, offer letters, bank statements, and tax returns).
Loans are mostly denied due to bad credit, inadequate income, or an unsustainable debt-to-income ratio. If your application was rejected and you can't figure out why to contact the lender. Following your request for an explanation, the lender is required to give you a specific reason for the refusal.
