Get Preapproval Application Package Checklist

Filling out the Preapproval Application Package Checklist is a crucial step in the process of obtaining a loan. This guide will provide you with clear, step-by-step instructions to help you complete the form online with confidence.

Follow the steps to successfully complete your application checklist.

1. Click ‘Get Form’ button to access the document and open it in your preferred online editing tool.
2. Indicate the type of loan you are applying for by checking the appropriate box for either Conventional or FHA. This will determine the requirements and expectations for your application.
3. Fill in the Lender Name and WHEDA Lender Number. Ensure that the information is accurate as it verifies your lender’s credentials.
4. Complete the Correspondent Lender Name and Correspondent Lender Number if applicable. This information helps to establish additional verification channels.
5. Provide the Contact Person's name, phone number, and the Property County to ensure effective communication throughout the application process.
6. Specify the Target Area for your property, which may affect the loan process and available options.
7. Fill out the Estimated LTV Percentage by indicating whether it is Yes or No, which assists in determining the loan terms.
8. Input the Estimated PITI (Principal, Interest, Taxes, and Insurance) to give a comprehensive overview of your financial expectations.
9. Once you have completed all sections and attached the necessary documents, save your changes. You can then download, print, or share your completed Preapproval Application Package Checklist as needed.

Complete your Preapproval Application Package Checklist online today and take the first step toward securing your loan.