1. Financing Your Home The Process and Options Presented by Heartland Realty

2. 2 Financing Process 1. Complete loan application and pay fee 2. Schedule appraisal of the home 3. Review good-faith estimate of closing and related costs 4. Sign closing documents 5. Record documents in recorder’s office

3. 3 Mortgage Options Standard programs  Fixed rate  FHA loans  VA loans Alternative Programs  Adjustable-rate mortgage (ARM)  Community Home Buyers Programs

4. 4 Required Documents Income, expenses, obligations information  Two most recent pay stubs  Federal tax returns for past two years  W-2s for past two years  Long-term debts Credit cards, car loans, student loans