You can speed up the application process up by being prepared. Your
documentation you will need, but here is a list of standard information and
items most frequently required to expedite a loan application. Remember,
if there is more than one person applying for the loan, he or she will need
to provide the same documentation.
Information You'll Need to Provide:
* Copy Social Security, Driver License, Green Cards.
* Current address and phone number, plus previous addresses if at current
residence less than 2 years.
* Name and address of landlords or lenders for the past two years, plus proof of
payment
* Current housing expense details such as rent or mortgage payments, taxes and
insurance
* Two years' of W2s
* Two most current pay stubs
* Two most current bank statements (All Pages)

* Note that if either applicant is self-employed, he or she will also need complete,
signed Federal Income Tax Returns for the past two years (personal and
business), plus year up-to-date Profit & Loss Statement and Balance Sheet.
* If you receive Social Security, VA benefits, disability or a pension, we'll need a
copy of your two most recent checks, your awards letter or tax returns for the
past two years.
* If you pay child support, we'll need a copy of the divorce or separation
agreement and evidence of payment (cancelled checks) for the past six to 12
months.

The Approval Decision:
Exactly how long your approval process takes will depend on a number of
variables. Your application. Approval will be based on your credit worthiness,
your income, your debt load, the appraised value of your home and the amount
of your down payment. Depending on your financial standing, you may be able to
include upgrades and options as part of your loan, however don't order them
without first consulting Our Financial Services Loan consultant.

Verification and Appraisal:
A qualified appraiser will physically inspect the home you are purchasing to
verify that it is exactly as specified, and then prepare a written analysis or
opinion of the estimated value of the property.

Closing and Funding:
The closing is the meeting where you sign the documents and pay all the costs
required to officially take ownership of your home. A few days before that
meeting, the escrow company will review a copy of the HUD-1 Settlement
Statement with you. This document tells you exactly how much money (in the
form of a cashier's check or wired funds) you must present at the closing
meeting.

The actual closing process usually includes:

* A review of the final loan documents with a closing agent. A representative of
an escrow/title company fills this role. The final loan documents detail all the
final costs involved in the home purchase.
* You sign all the loan documents including the mortgage, Truth in Lending
statement, etc. Be sure to bring valid proof of identity.
* You give the closing agent a cashier's check or wire transfer to cover the down
payment and closing costs.
* Your lender gives the closing agent the funds for the amount of the home loan.
* Once all closing conditions are satisfied and documents have been signed, the
instructions and documents are returned to the lender for final review. When
the lender is ready to fund the loan (usually in a day or two), the closing agent
records all the documents and closes escrow.
* You receive the keys to your new home and copies of all the closing documents.

Important Tip:
During the loan application process DO NOT do any of the following without first
consulting your Financial Services loan consultant:

* Change Jobs
* Change bank accounts
* Make a major purchase (car, boat, motor home, etc.)
* Purchase home upgrades
* Obtain new credit
* Authorize credit to be run
* Increase credit card balances

Among its various programs, America 1st Financial Services:
first trust deeds, second trust deeds, loans with no points and no income
verification and special programs are available for the credit challenged.

Our Financial Services has been done many home loans for thousands of home
buyers. Over the years, the company has honed its ability to provide some of the
best customer service in the industry while working diligently to meet the
expectations of each and every borrower.

Ask Us about down payment assistant available.
AMERICA 1ST FINANCIAL GROUP, INC.
California Dept of Real Estate Licenses CA # 01840801 / FL # MBB100000117
DIRECT TO WHOLE SALE LENDERS
5223 Park Blvd. Pinellas Park, FL 33781
3005 Silver Creek # 206 San Jose, CA 95121
TEL: 408-207-5656 / 727-546-9707
Hiring Agents or Co-operation Lic. FL & CA