How Do I Get Pre-Approved?

Get all your financial information together in one place and make copies for your loan officer. Your loan officer will take all this information and complete a mortgage application with you. The result will be a maximum number you will be approved to borrow. This will help keep you looking at homes only in your price range and give you negotiating power when it comes time to make an offer on a home.

Paperwork You Will Need To Provide:

• Pay stubs – prior 30 days, maybe longer depending on income fluctuation 

• Bank statements - past 2 months of all personal checking & savings accounts 

• Retirement account statements - most recent statement 

• Profit/Loss statements - or 1099 forms if you own a business

•  Federal tax returns & W-2s – previous 2 years; all schedules and pages 

• Complete list of debts – credit cards, student loans, car loans and child support payments, along with minimum monthly payments and balances

•  List of assets – bank, brokerage and mutual fund statements, real estate and automobile titles, any other investment or asset records

Have more questions? Click here to email Christina Alves my trusted local lender. She's the best! Be sure to tell her Karrissa sent you