Pre-Approval
When it comes to securing a mortgage, there’s a notable difference between being pre-qualified and being pre-approved. Getting pre-approved means that a lender has thoroughly reviewed your financial situation—your income, credit score, debt, and assets—and has given you a clear understanding of how much they’re willing to lend you. This goes beyond just an estimate. Pre-approval not only provides a realistic budget for your home search, but it also shows sellers that you’re a serious, qualified buyer. It gives you the flexibility to shop around for the best loan options and interest rates, ultimately putting you in a stronger position when making an offer on a home.
Trust your lender
Working with a trusted lender is one of the most important steps in the home-buying process. A reliable lender not only helps you secure the best loan options but also ensures that you understand every aspect of the financing process. They will take the time to explain different mortgage products, interest rates, and terms that best fit your financial goals. A trusted lender is there to guide you, answer your questions, and make sure you’re well-prepared for each stage—whether that’s getting pre-approved, navigating the paperwork, or ensuring a smooth closing.
When you choose a trusted lender, you’re not just getting a loan—you’re building a relationship with a partner who is invested in your success. This can make a world of difference in securing your dream home and setting you up for a successful homeownership journey.
Proof of Identity
Government-issued ID (Driver's license, passport, etc.)
Proof of Income
Recent pay stubs (usually the last 2-3 months)
W-2 or 1099 forms from the last 2 years
If self-employed, tax returns from the last 2 years
Employment History
Contact information for your employer(s)
Proof of Assets
Bank statements (typically the last 2-3 months)
Retirement or Investment account statements
Credit History
The lender will check your credit score and history
Debt Information
Documentation of any existing debts, such as student loans,
credit cards, car loans, or personal loans