Home Loans and Multiple Mortgages

Banks and sellers nowadays require buyers to submit purchase offers with a pre-approval letter.  Hence, buyers can save considerable time if they go through a pre-qualification process and obtain a pre-approval letter from a direct lender or a mortgage loan broker/officer before starting to look for homes.   I work only with qualified loan officers who are up to speed with the latest development on home loans and can close escrow on time. The following documents are required up-front in order for loan officers to determine the Buyer’s qualifications.

Documentation Needed for Mortgage Pre-Approval:

• 2 years most recent Tax Returns (include all pages)
• 2 years most recent W2’s and any 1099’s
• 2 most recent pay stubs
• 2 months most recent bank statements from all accounts (include all pages)
• Legible Driver’s License and Social Security Card
• Mortgage Statements, Homeowners Insurance, Tax Bills & Lease Agreements (if applicable)