Critical 1st step in knowing your buying power & a valuable tool in helping your offer to be accepted by sellers.
Working with a trusted Real Estate Team will save you time, money & stress while you find the right property.
Make a list of your must-haves. Select homes that meet your property & budget criteria.
Once your offer is accepted you and the seller will sign a contract.
The home is inspected & appraised to support value. Your documents are verified.
Upon final loan approval, title company schedules your signing appointment to close and your keys are delivered!
30 days of paystubs or social security or pension award letter
Two months of bank statements (all accounts, all pages)
Two years of W2's or two years of complete tax returns if self employed
Divorce decrees or bankruptcy papers if applicable
DD-214 (discharge papers) if applicable
Inform us of any changes in your employment, income and assets.
Continue living at your current residence.
Continue making your mortgage or rent payment.
Stay current on all existing accounts. Advise us in advance of any upcoming vacations for business trips.
Do NOT make major purchases.
Do NOT apply for new credit card or loans.
Do NOT pay off any charges on accounts, collections, loans, credit cards or consolidate your debt.
Do NOT close, max out, or overcharge on your credit accounts.
Do NOT change bank account or transfer balances from one account to another.
Do NOT change your source of closing funds.
Do NOT deposit cash into your bank account.