Maximize your edge over other buyers from the start.
We always recommend that you begin the Loan Pre-approval process before starting to search for your new home. Getting preapproved requires that a lender verify your financial information, and it serves as their commitment to lend a specified amount based on that information. This will give you a number of advantages when you begin your home search, and sellers will take your offer more seriously given that you have a lender that has committed to backing your offer.
This also gives you the assurance that you’re looking at homes you can confidently afford to finance. Your REALTOR’S® efforts will be focused on properties that match both your financing abilities and your unique personal specifications.
You’ll also have an edge over other buyers who aren’t pre-approved. In situations where there are multiple offers on a property, this can be the difference between having your offer accepted or losing the property to another buyer.
When applying for a mortgage, your Tucker Mortgage loan officer will require some information and documentation to finalize the application.
Information Needed for the Application:
- Full Name, Date of Birth, and Social Security Numbers for all borrowers.
- Last 2 year’s residence history (dates included).
- Last 2 years of employment history (dates and job titles included).
Documentation Needed for the Application:
- Last 2 pay stubs for all borrowers.
- Last 2 years W2’s / 1099’s for all borrowers.
- Last 2 months bank statements (all pages).
Additional items may be required and your loan officer will inform you of any additional documentation to complete your application.