I have done it! I submitted the first mortgage pre-qualification form. The evil form, the one that badly designed. I did find a way around having to fill it out by hand, and I didn't have to reformat the whole thing either, so that's good.
I did find a couple of the things they asked odd. Like wanting account numbers for where my money resides and such. But I figure they need to be able to contact the other bank and verify that what I'm saying is accurate.
Filling in that form made me look at some stuff I hadn't thought a lot about. I did not realize that I have over $25,000 in retirement savings, and that my car, even though it's a couple years old, is still holding its value really well.
So I filled out the form, printed, signed it, scanned it and then e-mailed it to the loan officer. Almost immediately I got a reply too! I was surprised to get a response so quickly, I'm assuming they're not getting a lot of mortgage applications lately.
After all that, I sent out an e-mail to my credit union in the hopes to get this process started with them as well. I'm hoping that they'll be able to make me a better deal than the bank, but we'll just have to wait and see.
So, there you have it, this dreaded thing of filling out the paperwork and getting the process going in earnest has boiled down to me worrying for nothing. I really don't know why I kept putting this off, but the idea just filled me with a bit of dread.
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