How Do I Apply for a Mortgage Loan with Peachtree Mortgage Services, Inc?

1.  Contact Peachtree Mortgage Services, Inc. by phone at 770.481.0052 or by

     email at peachmtg@bellsouth.net and request a GOOD FAITH ESTIMATE.

     For a purchase quote, we will need to know the approximate sales price, the

     approximate down payment, and the type of new mortgage loan

     (i.e. 30 year, 15 year, etc.) that you want.

      For a refinance quote, we will need to know the approximate value of the property,

      the approximate loan amount, and the type of mortgage loan that you want. 

We will email you a package including the Good Faith and our complete mortgage loan application package.

 2.  Fill out the mortgage loan application completely using blue ink.  If there are sections

      you do not understand, contact Peachtree Mortgage Services, Inc. for assistance.

3.  Gather the following documentation that we will need for your mortgage application:

       a.  Paystubs covering the past (30) days for each borrower.

       b.  W-2's covering the past two (2) years for each borrower.

       c.  If you are self employed, we will need complete tax returns, including all

           schedules, covering the past two (2) years.

       d.  Bank statements (i.e. checking, savings, 401K, money market, etc.) covering

           the past three (3) months for each borrower.

       e.  Two (2) forms of identification, including a government issued ID such as a

            driver's license or passport, for each borrower.  If you are NOT a US citizen,

            we will need a copy of your visa or green card.

Depending upon your particular situation, additional information and/or verifications (rental agreements, bankruptcy papers, divorce decree, etc.) may be required in order to obtain approval of your mortgage loan application. 

Once the mortgage loan application and supporting documentation have been received, we will start the mortgage loan approval process immediately.

During this process, we will verify your credit history, employment history, assets, and the value of your property.

To improve chances of mortgage loan approval:

 1.  Fill out the mortgage loan application package as completely as possible.

2.  Respond promptly to any requests for additional documents.

3.  Do not make any major purchases (ie. furniture, car, etc.) that might cause your

     debts to increase.

4.  Notify your mortgage loan officer at Peachtree Mortgage Services, Inc. before

     applying for any other credit, inlcuding credit cards, personal loans, etc.  Many loan

     programs have strict guidelines regarding your credit score, and credit inquiries may

     lower your credit score and have an adverse affect on your mortgage loan approval.