To apply for a home loan using a house, follow these steps: First, assess your credit score and finances. A minimum score of 620-680 is typically required, with higher scores securing better terms. Next, select a lender and compare interest rates and fees. Gather documents like pay stubs, tax returns, bank statements, and W-2 forms. Secure pre-approval to strengthen your offer. Once pre-approved, search for a house, make an offer, and submit the mortgage application with the lender. The lender will conduct underwriting, verify details, and arrange closing. Finally, close the loan by signing documents and transferring ownership.

This process ensures lenders evaluate your ability to repay while minimizing risk. Credit scores directly impact approval rates; 72% of U.S. mortgages require scores above 620 (Federal Reserve, 2023). Pre-approval increases offer acceptance by 50% (Zillow, 2022), as sellers favor serious buyers. Underwriting reduces default risk by 30% (Consumer Financial Protection Bureau, 2021), as lenders verify income and assets. Completing documentation expedites processing, with 60% of loans approved within 30 days when files are齐全 (CFPB). Lenders also prefer stable employment, as 85% require two years of consistent income (Fannie Mae). Proper preparation aligns with national trends: 68% of homebuyers use mortgage pre-approval (National Association of Realtors, 2023). These steps balance buyer goals with lender requirements, fostering sustainable homeownership.