A coach for the week you shop for a mortgage
How to start shopping
Coach's call
Start by checking your credit reports, deciding the loan type and term you want to compare, and gathering pay stubs, tax returns and bank statements. With those ready, you can ask several lenders for Loan Estimates on the same day and compare like with like.
Last reviewed against the primary sources listed below.
Three first steps
- Pull your free credit reports and fix errors.
- Pick the loan type and term you will compare.
- Gather income and asset documents.
Shoppers ask the coach
Should I shop around for a mortgage?
Yes. The CFPB encourages comparing offers from several lenders.
What documents do lenders ask for first?
Usually recent pay stubs, tax returns or W-2s, and bank statements.