When it comes to buying a home, the process can be very frustrating for those who have never done this before. If you have questions about anything at any time, please do not hesitate to reach out and contact me.
To start the process, you will need to provide me with the following information:
- Current address
- Rent or own?
- How many years you have lived at the property?
- Will need at least two years of history
- If you own your property
- Purchase price
- Year purchased
- How much you paid
- How much you owe
- Contact phone number
- Date of birth
- Social security number
- Name of the company you work for
- Years of experience (Need at least two years of history)
- How you are paid? (Hourly, salary, bonus, commission)
- Financial Reserves
- Checking Account
- Savings Account
- Money Market Account
- Mutual Funds
- Do you own any other property? If so, please provide the following:
- Primary residence
- Second home
- Investment property
Next, I would need your permission to pull and review your credit report. We will go over your credit report in detail before proceeding to the next step.
Also, during this call I will explore the different scenarios regarding down payment, monthly payments, and the term of the loan. There are also closing costs, prepaid items, and other inspections that we will discuss as well. I will make sure to explain everything thoroughly so you can understand the full extent of the process and are comfortable moving forward.
Once I complete filling out the necessary paperwork, I will send a pre-qualification letter to you and/or your realtor to make an offer on the home you are looking to purchase.