Obtaining a pre-approval letter before you start the buying process is important for multiple reasons but when you find a home you like, you need to be ready to move! To start the process, give me a call.
Do you want to make your offer contingent upon obtaining a satisfactory inspection? What type of inspection do I want to do? All of these are important questions and need to be addressed in your offer. Call to discuss the process.
What do you need to know about closing? What does the title company handle? What do I need to bring with me to closing? Can I bring a check for my necassary closing funds? For these answers and others, give me a call.
Low Down Payments
There are several types of low down payment loans available. No longer is 20% needed to purchase a home.
Here are a few....
Items Needed For Lender
Copy of driver's lincense
Paystubs showing 30 days of pay and year to date earnings
Most recent 2 years W2's
Mortgage statement and insurance information for all properties owned
Most recent 2 months of bank statements (all pages even back pages)
Most recent 2 months of statements or retirement accounts
Other additional documents
Most recent 2 years tax returns
Most recent 2 year K1 tax returns (if applicable)
YTD P & L Statement if self employed
Bankruptcy discharge papers (if applicable)
Divorce decree (if applicable)