Overwhelming forms

[Janice Ingle]

Am I just to new and these forms are standard? I look at the applications and WOW and I shocked.....or am I reading to much into the process? Every place I get info from wants the "Uniform Residential Loan Application" as a starting point. This seems daunting. Bit the buliet and start the process or is there a sipiler way?

[Jon Holdman]

Nope. That form is very standard and is used by almost all lenders. That form is only the start. You'll have to provide a big package of info before the process is done. Pay stubs, bank statements, tax returns, permission for the lender to pull tax returns, copies of insurance declaration pages, mortgage statements, the list goes on.

If you're planning to buy multiple properties, keep current copies of all these papers in a folder for easy access.