Shopping for a home is exciting. But applying for the loan is another matter.
Who wants to hunt down proof of hours worked, tax returns and bank statements, pay stubs, and income and asset information?
1 . Electronic Copies of Most Documents Will Work, and Speed Up Your Process
2. The minute you think about buying or refinancing, create a computer file for photocopies of your key documents (and back it up on a flash drive).
3. Take screenshots of monthly bank statements and your credit score each quarter, and statements from any account you'll use to make your down payment. (If a retirement account is involved, call your account representative to know the limit of money you can draw out without penalty.)Today, pay and hour records appear on secure online employee accounts. Screenshots are an easy strategy to e-mail images to your mortgage specialist promptly.
In your pre-qualification stage, a good mortgage specialist gives you an idea of your borrowing power and the best financing methods, then guides you to pre-approval.
You can rely on your specialist here at Midland Mortgage Corporation of Columbia, SC to accelerate the process at every stage, helping you to:
For more information or to ask us questions, call us at (800) 854-9484. Or ask a question right on our website.