Loan documentation will be collected during your preapproval process. Depending on the time frame from when you are preapproved to when you are under contract, your loan processor may ask you to provide updated documents.
Buying your first home? One of the biggest decisions you'll make is choosing between an FHA loan and a conventional loan. Both are popular options for first-time home buyers, but they offer different benefits depending on your credit, income, and down payment savings.