It’s time to get preapproved! 

Not sure what preapproval means? Preapproval is as close as you can get to confirming your creditworthiness without having a purchase contract in place. You will complete a mortgage application and the lender will verify the information you provide. They’ll also perform a credit check. If you’re preapproved, you’ll receive a preapproval letter, which is an offer (but not a commitment) to lend you a specific amount, good for up to 90 days.

• How much of a down payment you should make.
• The Interest Rate you can get.
•  The number of years for your loan.

Pre-Approval will let you know where you stand financially and
how much you need to get your dream home. You’ll be ready to make an offer with confidence—and gain a competitive advantage.

What information do you need to provide?

• Copies of pay stubs that show your most recent 30 days of income
• Credit check
• Bank account numbers or two most recent bank statements
• Down payment amount and desired mortgage amount
•  W-2 statements and signed, personal and business tax returns from the past two years

English not your first language? No worries, we will find a loan officer that speaks your language. We can even have your documents translated for your convenience.

So, call us to discuss your options and will put you in contact with an appropriate load officer.

Be sure to share this email with friends, neighbors, and work associates!

Feel free to call us anytime at 818-588-6399.

Julie Haynes, Realtor