It's frustrating for a buyer, who is excited and ready to start looking for home but there lender is taking forever to provide a pre-approval letter.
The solution? Preparation!
The #1 reason getting a pre-approved from a lender take so long is due to...
the gathering of financial document.
The list below will help you gather the most request documents needed for a lender to - you.
Hope you find the list helpful
Mary Beth Nunez, Buyers Specialist
(NOTE: this is a just a guideline)
Items Needed to Start the Process:
- Two Most Recent Federal Tax Returns (all scheduled and all pages)
- Two Most Recent W2s
- One month most recent pay stubs
- Two months most recent bank statements (all accounts, all pages)
- ***If you are self employed or work on commission the lender may request other form of supporting documents. information***