Real Estate
If you are a first time homebuyer, you need to consider how much you can actually afford. You can do this by contacting mortgage lenders and brokers to decide where you stand.
It is important to get pre-approved. With a pre-approval, you show the seller that you are a serious prospect and are committed to purchasing a property. You may even save money and time in the process.
Tax information
Capital gains and Tax Relief act of 2003
1031 Tax Deferred Exchange Info
Things Needed at Loan Application
- Employment History (2 Years)
- Self-employed - Tax Returns (2 Years)
- Prior Year W-2 Forms
- Current Pay Stub(s)
- Residence History (2 Years)
- Social Security Number
- Bank Accounts (2 Most Recent Statements)
- Monthly Debt Information
- Divorce Decree
- Lease/Rental Agreements
- Mortgage and Account Numbers
