Are you someone who’s thinking of applying for a mortgage soon?
Would you like a handy checklist of what to do before applying for mortgage?
Here’s five things that you should be doing, right now!
5 things to do before applying for a mortgage checklist
1. Save your deposit
Actively start saving the deposit for your new home. Try to save the full amount if possible before applying for a mortage.
2. Gather documents
3 months’ payslips (employed) or 2 years’ tax docs (self-employed)
3. Credit report
Make sure you download a copy of your full credit report before applying for a mortgage. Our preferred choice is Check My File, as this shows all 3 reference agents.
4. Cut back
Try to cut back on unnecessary spending before applying for a mortgage, as this will help your affordability. Avoid taking on any new finance agreements or buy now, pay later services, such as Klarna and Clearpay.
5. Book your FREE consultation
The last thing to check off your checklist is to book your free consultation with one of our mortgage advisers, Liam or Lisa, This initial 15-minute meeting can be done over the phone or face-to-face.
We hope you found this checklist before applying for a mortgage useful. Once you’ve ticked off all the stages, we look forward to starting the house buying journey with you.
Get in touch
When it comes to applying for a mortgage, you may feel overwhelmed and unsure exactly what to do, fear not, we’re here to help you.
Get in touch and our Liverpool-based team can help you every step of the way.
Not local? Don’t worry, we also offer mortgage appointments over the phone or via Teams.
Stay connected
For more handy tips and advice, be sure to follow us across our social media channels.
Your property may be repossessed if you don’t keep up with your repayments on your mortgage.