The concept of a mortgage is quite simple.  It’s basically a loan for a home wherein the property itself is used as collateral.


Securing a mortgage, however, can be complex.  The process may can be as quick as 30 days.  However, most loan approvals take between 45-60 days.  To be prepared for making your mortgage application, here are a few items that you may want to gather for when you are ready to make your mortgage application.


Your lender may require additional and/or different information from you, but these are an example of what could be requested.  Once you apply for your mortgage, your lender will provided you with a checklist of items they require.