Select A Department:

Courses in this Department

How Ready Are You to Buy a Home?

Determining Your Dream Home and Finding It!

Factory Built Homes Are Worth a Look

Purchase Manufactured Homes with FHA Loan

How to Buy a Foreclosed Home

Pros and Cons of Corner Lots

Know the Neighborhood Before You Buy

Tune in to an Open House on the Radio

Finding a Qualified Broker or Agent

Shopping for a Loan and Choosing a Lender

How to Improve Your Credit

How to Survive the Loan Application Process

Making an Offer and Signing Contracts

Cancel Your Contract in 3 Days

Understanding the Closing/Settlement Process

Choosing Home Inspection and Settlement Professionals

Double Check Your New Home - The Walkthrough

Know Your Consumer Rights

Seniors Have Many Housing Opportunities

Preparing for the Big Day -- Relocating Moving

Make Your Home Your Castle - Cost Effective Redecorating Ideas


The Paperwork You Need

We can tell you.

It's Time to Find It All
The next step.

Start Assembling Your Paperwork NOW

After checking for late or delinquent payments on your credit report, and for its accuracy, you're ready to apply for loan pre-approval. Your lender's going to need reams of information, so the earlier you get started collecting it the better. For pre-approval, you must supply the loan officer copies of your:

1 - W-2 forms or profit-and-loss statements (for self-employed individuals)

2 - Pay stubs (usually one month's worth)

3 - Bank statements (three months' worth), including: checking, savings, and other assets

4 - Past two years' tax returns

Since you're going to need it anyway, you may want to gather everything else you'll need for a full loan application:

5 - Names and addresses of current employers and prior employers for the past two years

6 - Debt information, including creditor's name and address, monthly payment and balance left on the following:

  • Charge accounts and credit cards

  • Car loans

  • Mortgage loans (if any)

  • Personal loans

  • Student loans

7 - Asset information. Don't overlook anything, even personal property--all your assets count toward qualifying for a larger loan, including:

  • Mutual funds, stocks, and bonds

  • Certificates of Deposit (CDs) and money market funds

  • Family trusts

  • Whole life insurance policies

  • Individual Retirement Accounts (IRAs)

How Does the Process Work?

Keep going and we'll share the details.

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