ahhhh yeeeeaahhhh, @PamelaADizon and I will be doing the line dance to this!
5 Tips Before You Apply For A Home Loan
Before you begin your search for a home loan to purchase or refinance….start collecting! Yep, its best to be well prepared if you are looking for a mortgage.
The following information or documentation will be required to complete your loan application:
1) Your Residence History
- Your previous addresses for the last 2 years and how long you lived at each
- If you currently rent, your landlord’s name, address and telephone number to
- verify the most recent 12 month rental history
2) Your Employment History
- Names and addresses for all your employers for the last 2 years
- Dates of employment for each employer
- Letter explaining any gaps in your employment in the last 2 years
- Pay stubs for the last 30 days
- Most recent 2 years W2’s
- Most recent 3 years 1040’s
- Year-to-date profit and loss statement and current balance sheet (if self employed)
- Award letter and copy of most recent check for retirement, Social Security or disability income
3) Savings, Checking & Investment Accounts
- Checking/Savings Accounts - 3 most recent monthly statements
- Stocks/Mutual Funds - 3 most recent monthly statements
- 401K/Retirement Accounts – most recent quarterly statements
4) Miscellaneous (if applicable)
- Complete Bankruptcy papers including discharge
- Complete Divorce papers
5) Additional Information (if Refinancing)
- Copy of most recent property tax bill
- Copy of most recent homeowner’s insurance bill
- Copy of most recent mortgage statement or coupon book
QUICK TIP…Scan these legible documents into a PDF format to easily share via email or DROPBOX
Posted via email from Ric Dizon | iMortgage Long Beach | Comment »
5 Tips Before You Apply For A Home Loan
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Before you begin your search for a home loan to purchase or refinance….start collecting! Yep, its best to be well prepared if you are looking for a mortgage.
The following information or documentation will be required to complete your loan application:
1) Your Residence History
- Your previous addresses for the last 2 years and how long you lived at each
- If you currently rent, your landlord’s name, address and telephone number to
- verify the most recent 12 month rental history
2) Your Employment History
- Names and addresses for all your employers for the last 2 years
- Dates of employment for each employer
- Letter explaining any gaps in your employment in the last 2 years
- Pay stubs for the last 30 days
- Most recent 2 years W2’s
- Most recent 3 years 1040’s
- Year-to-date profit and loss statement and current balance sheet (if self employed)
- Award letter and copy of most recent check for retirement, Social Security or disability income
3) Savings, Checking & Investment Accounts
- Checking/Savings Accounts - 3 most recent monthly statements
- Stocks/Mutual Funds - 3 most recent monthly statements
- 401K/Retirement Accounts – most recent quarterly statements
4) Miscellaneous (if applicable)
- Complete Bankruptcy papers including discharge
- Complete Divorce papers
5) Additional Information (if Refinancing)
- Copy of most recent property tax bill
- Copy of most recent homeowner’s insurance bill
- Copy of most recent mortgage statement or coupon book
QUICK TIP…Scan these these legible documents into a PDF format to easily share via email or DROPBOX
Posted via email from Ric Dizon | iMortgage Long Beach | Comment »
Booty Pop…really?
Get from flat to fab with a POP, really now…are you serious?
Posted via email from Ric Dizon | iMortgage Long Beach | Comment »
Spring Break at the Lake | Irvine Mud Run
Get you mud on! Join us for some fun benefiting Gavin R. Stevens Foundation
Posted via email from Ric Dizon | iMortgage Long Beach | Comment »
Four Things to Avoid Before Buying Your New Home
These are some of the common mistakes that may hinder the loan process. Before applying for a loan and during the loan process:
1. Don’t pay off bills
Your loan consultant will advise you if it’s necessary to pay off bills to help you qualify for a loan.
2. Don’t change jobs
Changing jobs before or during the loan process can create a real problem in getting qualified
3. Don’t move your money
It’s best to keep your money right where it is until your loan has closed
4. Don’t make major purchases
Adding a large monthly payment for a new car or furniture can affect the amount of home you can qualify for and can make it harder to get your loan approved.
It’s vital to the purchae of your home to communicate with your loan consultant and realtor. If anything changes — good or bad — pleae let your team know. Never hesitate to ask questions. This is one of the largest and most exciting purchases of your life; you’ll feel confident about your decision if you stay informed throughout the process.
Lets connect and schedule the time to discuss the four things to avoid before buying your new home! Feel free to contact me anytime Ric Dizon, iMortgage Long Beach (714)396-6829.
Posted via email from Ric Dizon | iMortgage Long Beach | Comment »
The shoes make the man in Matehuala - Holy Kaw
