Loan Aps: What You Need

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What You Will Need For Your Pre-Approval:

Getting pre-approved is the first step when starting the home buying process.  It will help you know how much you can afford so you stay within your limits.  Below are the items your loan officer will typically need to get you pre-approved. If you need help finding a lender, feel free to contact me!

l Most recent 3 bank statements

l Copy of HUD1 Settlement Statement on your most recent home sale

l Earnest money deposit receipt

l A written explanation for any ate payments; credit inquiries in the last 90 days; charge-offs; collections; judgments; liens

l bankruptcy documents within  the last 7 years

l Copy of SSN card and driver’s license

l Last 2 years’ W2's

l Most recent Pay stubs

l Last 2 years’ tax records

l Corporate or Partnership tax returns (if you own more than 25% of a business)

l Copy of purchase agreement (if you have already made an offer)

l Receipt for child support payments

l Copy of Divorce Settlement