Loan Checklist: Get Ready for Your Mortgage Application!
Are you gearing up to buy a new home? Having your documents ready can make the mortgage process a breeze! Here’s your checklist to prepare your mortgage application:
- Sales Contract (Purchase Agreement): Bring a copy of the contract for the home you’re purchasing.
- Residence History: List complete addresses for the past 2 years, whether you rented or owned.
- Employment History: for the past 2 years.
- Income Statement: Gather W-2s for the last 2 years, and the most recent 2 months pay stubs with Year-to-Date earnings. Self-employed? Include your complete personal and business tax returns
- Assets: Provide the last 2 months of bank statements (checking/savings), enough for your down payment and closing costs
- Current Real Estate Owned: If you already own property, provide most recent mortgage statements.
The more prepared you are, the easier the process! Let’s make this journey to homeownership as seamless as possible. Here are additional tips for a smooth application. Would you like to apply? Click Apply Now or Visit our facebook page.