FINANCING

 

FINANCING YOUR FUTURE HOME

  • HOME LOANS AT A GLANCE

    • Get pre-approved for your loan

    • Apply for a mortgage

    • Get your home appraised

    • Your loan goes through underwriting

    • You’re cleared to close!

  • HAVE ON HAND

    • A month’s worth of your most recent pay stubs

    • Copies of your last two years’ federal tax returns and W-2s

    • The names and addresses of your employers over the last two years, compiled into one list

    • Last three months of bank statements

    • A copy of your real estate agreement

    • The names and addresses of your landlords over the past two years

    • Divorce/separation decree

    • Child support papers

    • Bankruptcy, discharge of bankruptcy papers

CONGRATS! YOU’RE APPROVED FOR A LOAN!

Follow these tips to protect your loan. 

DO:

    • Notify your lender of any address change, whether it’s your home address or another listed on your application

    • Notify your lender of any salary or wage changes

    • Be prepared to provide proof of significant bank deposits

    • Acquire homeowner’s insurance immediately after going under contract

    • Keep all forms of debt paid and in check

DO NOT: 

    • Make large purchases using existing credit without first talking to your lender

    • Apply for or acquire any additional lines of credit

    • Pay off, transfer, or close credit balances unless your lender instructs you to do so

    • Change jobs without first talking to your lender

    • Co-sign for another person seeking to obtain a line of credit or to make a purchase

    • Pay off collections before conferring with your lender

    NEED HELP GETTING THE PROCESS STARTED? 

    We are more than happy to put you in contact with a trusted loan officer. Give us a call or shoot us a message! 

     

     

     

     

     

    *Download the FREE Keller Williams app (click the link or text “KWMIJLII” to 87778) to search millions of homes from your phone anytime!