You should shop around and look at different lenders and see what they can do for you. When applying for a loan, lenders like myself will need to look at several different things though if you are trying to prequalify for a loan.
1) Proof of income for each person that will be on the mortgage which can be demonstrated through: one month of pay stubs, previous year's W-2 forms and tax returns, official documentation to demonstrate other forms of income (alimony, child support, etc.), and two year's tax returns if self-employed (all schedules, all pages)
2) Credit Report which they will pull
3) Employment History
4) Personal assets such as: Recent balances and statements for bank accounts, most recent account statement demonstrating market value of any investments (stocks, bonds or certificates of deposit), documentation showing interest in retirement funds, face amount and cash value of life insurance policies, value of significant pieces of personal property, debt information, the balances and account numbers of your current loans and debts, including car loans, credit card balances and any other loans you may have.
If you have any other questions or need a loan please contact me through the information on my profile page!
Hope this helps and good luck!
Sr. Mortgage Banker
NMLS # 659743
We are lucky to have many options in Lincoln as far as pre-approval goes. You can walk into any bank (Union, Wells, etc) or take the Credit Union route. There is no right answer because it is who you feel most comfortable with. Most banks/credit unions offer similar programs and rates but some actual bankers have a better range of knowledge as to what program would work best for you and your specific needs. If you want to send me a message or phone call I can give you some recommendations of people I know or it is always a good idea to ask around for specific references. Welcome to Lincoln and please let me know if I can help at all!