Checklist of documents needed for mortgage application
For most people, buying a house requires applying for a mortgage and this process can be intimidating to some first time home buyers.
By planning ahead and gathering documents needed for mortgage application, you will be in great shape to get pre-approved.
Mortgage application checklist
When to gather these documents needed for mortgage
Getting pre-approved for home loan is not required to shop for home but most real estate agent will require that you do. This is because it’ll save both you and the agent’s time by making sure you qualify and to find out how much you can afford.
In a perfect world, it’s best to consult with your preferred loan officer/lender before shopping for a house and take the pre approval letter to your real estate agent. This shows the agent that you are serious and well qualified to serve your needs.
If you prefer to meet with real estate agent first that’s ok, too. As a matter of fact, most people end up getting referred to a reputable loan officer from their real estate agent.
However, if you’ve signed a purchase contract already but have never consulted with a loan officer, it’s crucial that you do so right away.
At this stage, your clock is ticking already and you must start the loan process as soon as possible.
Contact us: I need to get pre approved ASAP!