3 Tips when You Apply for a Mortgage Online

Mortgage Newsletter
Privacy Policy

Check Local Mortgage Rates

Today's Average 0.00%



Loan Program Choices

Use our calculator to find out your estimated monthly payment in advance: Enter the loan amount, interest rate, and length of mortgage.
Try our Mortgage Payment Calculator


When you apply for a mortgage online, you must feel secure using the lender you select for your loan. Gather your personal and credit information before you start an online application. Consider applying with more than one online lender so that you can compare different loan approvals to see which one has the best terms.

Tip #1: Prepare Your Information before Applying

Once you start the online application process, there may be some information required that you do not know. If you compile all of your creditor payments and balances, as well as employment history specifics before you begin the application, you will not have to terminate the application and start over.

Tip #2: Check More than One Online Lending Source

There are many online lenders to choose from, and they may all have different loan structures. If you fill out loan applications with different lenders, your chances of receiving an approval should increase.

Tip #3: Compare the Different Loan Offers You Receive

Once you have more than one approval, compare the loans and see which has the best terms. Review the interest rates, lengths of the loans, and closing costs. Check each lender’s reputation and then pick the one you feel most comfortable using for your mortgage loan.