The loan approval process generally begins with an initial interview where the prospective borrower and the mortgage professional discuss the potential loan.  It is customary for people to speak with the mortgage broker before house hunting to determine in advance what price range they can realistically afford and the mortgage amount for which they can qualify. This step is called pre-approval and can save you much time and heartache by making certain you are approved for your financing before even going out and finding your next dream home. Most sellers and realtors require prospective buyers to provide evidence that they are "Pre-Approved" and have their financing already in line. This pre-approval paperwork can be provided by the loan officer after you speak and provide them with additional information such as the following:

Names of all borrowers that are going to be on the mortgage along with current addresses
Social security numbers and birthdates for all borrowers

2 years of employment history for all borrowers
Current Income for all borrowers
Total assets 

Having these items on hand when speaking with the loan officer will help speed up the application process and will assist the loan officer in qualifying you for the right mortgage program. There is NO upfront application fee when working with MJ Mortgage & Tax Services, Inc. unlike some other mortgage brokers that require an upfront fee at time of application.

To assist you in your mortgage process or answer any other questions you may have, please contact us and one of our loan officers will be more than happy to assist you with your financing needs!!!!  🙂
MJ Mortgage & Tax Services Inc 321 Winners Circle, Canonsburg, PA 15317 (724) 746-4049
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