When applying for a payday or cash advance loan, if you are in a hurry, fastest way to go is with a no faxing or faxless loan. These are easiest to complete and fastest to be approved for if you don’t have a fax machine in your home.

In order to help your application be processed faster, make sure your application is complete. Fill out information accurately and make sure that you include necessary phone numbers so that your income is easy to verify. Some of other information such as bank account information can be verified electronically. Please make sure these portions of application are entered accurately in order to avoid slowing down process.

There are a few other important questions you should make sure you have answers to when deciding which type of mortgage is better for you. How long do you plan on staying in home? How frequently does adjustable rate mortgage adjust, and when is adjustment made? What’s interest rate environment like? Could you still afford your monthly payment if interest rates rise significantly? Do you know main pros and cons for each type of loan?

Generally, fixed-rate mortgages are a safer way for first time home buyers to get a mortgage. There is greater stability and less risk involved. It is easy to budget and regulate your expenses when you know exactly what your interest rate will be.