Mortgage Brokers First Second Third Mortgage | Page 5

What to Prepare, What to Do and What to Expect on Your Online Application For Your First Mortgage • Arm yourself with the necessary information      Information on taxes you paid last year. Bank statement, Payslip. Personal account information Current creditors • Your next move should involve: • Making a decision on the mortgage type that is best suited for you. Either the adjustable-rate mortgage (ARM) or fixed-rate mortgage (FRM). • Deciding on an amount that you can afford. • It's very important to go for a loan that you are confident that you can service. So before submitting your application ensure that you have made the right choice.