Most loan officers want you to start with the basics. Here is a list of what you should take to the initial meeting:
- A fully executed Purchase Agreement, including all of the addenda (supporting paperwork).
- Application fee for the appraisal and credit report.
- Your most recent 30-day pay stub(s) showing year-to-date earnings.
- All pages of your most recent 401k, IRA and/or retirement statements.
- Past two year's W-2 forms and federal tax returns.
- Prior two month's statements for savings, checking and investment accounts (all pages).
- Your photo I.D. and social security card.
Note: If you are proactive you should get pre-approved before you even start looking and the above items will allow you to get pre-approved for a mortgage so you have a good estimate of what you can afford. Getting pre-approved should be FREE!
You may be required to bring in additional information. Make sure you have these items available - just in case.
- The previous years cancelled checks for mortgage or rent payments.
- Documentation of all outstanding loans, lines of credit, credit cards or any other outstanding debt.
- Documentation of other income sources that you would like to have considered in repayment of your loan.
- When applicable full copies of the following:
- Divorce Decree
- Bankruptcy Petition & Discharge
- A 12 Month Printout of Child Support
Thank You to our in-house mortgage officer Rob Hixenbaugh for the information. You can contact Rob for your free pre-approval at 440-487-7266 or robhixenbaugh@howardhanna.com.
Ready to start your search? Call me today, Lee Hisey, at 440-315-6000 or leehisey@howardhanna.comleehisey@howardhanna.com. Let my team go to work for you!
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