Buying a home is a rather simple process, and I'll guide you every step of the way, but today we're talking about the documents you'll need to provide to qualify for a mortgage. Don't fret, it's not that bad!
Unless it's a cash purchase, you'll need to authenticate your income and taxes to qualify for a mortgage. Everyone's situation is different, but here's the basics.
last two pay stubs
previous two years tax returns
previous two years w-2 forms
2-3 months of bank statements
address of residence past two years
evidence of other income (child support, etc)
balance sheets (if self-employed)
divorce settlement papers
other consumer debts (credit card, student loans)
As I guide you through the buying process, I'll connect you with a preferred lender whom I think you'll be comfortable with. You'll start off by answering a few questions, and then your friendly lender will prepare you so you know exactly what's needed.
My goal is to make the buying process an easy and pleasurable experience for you!
Love where you live!
Lisa McGregor, Realtor
The A Team - Coldwell Banker Residential Brokerage