Applying for a Loan

Finding a lender
Choosing a mortgage
Shopping interest rates
Loan application costs
The appraisal process

Can I be a homeowner?

Finding a Home

Making an Offer on a Home

Inspections

The closing process

Glossary

Qualifying for a loan

In applying for your loan, it's imperative that you are honest about credit problems you may have add in the past, and any issues with previous loans. The lender then will determine if you're qualified for the loan you're seeking.

The lender is required by law, within three days of submitting your application, to provide a good-faith estimate of the closing costsyou'll be responsible for paying. You should also receive a government publication called A Home Buyer's Guide to Settlement Costs, explaining any and all expenses you may pay upon loan closing.