The best way to get pre-approved is to speak to a loan officer, whether retail or through a brokerage. The standard items that I would review to ensure a full and accurate pre-approval would be (2) years tax returns, (2) years W-2s, (2) current pay stubs and (2) months of bank statements. These items, along with a credit report, would round out a solid file to determine your maximum pre-approval status. If i can be of assistance, please let me know.
First Capital Mortgage
Direct: (310) 434-1718
The difference here rather than you searching out a lender on your own is that we, as agents, know the local lenders and have had experience with most of them. Some are "user friendly" and some are not. If you have a knowledgeable, often recommended, lender you will be on your way to a good home buying experience
Please prepare the ff items before you call your friendly bank or mortgage co: 1. 2 yrs. W2s 2. most current paystub 3. 2 months of banks statements or your source of down payment 4. a copy of your recent credit report, if you have one. These items and your fico score from your credit report will determine how much loan you can qualify for and how much down payment do you need for the home you are intending to buy. Good Luck, it is not as hard as it sounds.
On the Zillow website there is an entire section dedicated to the home buying process. You may find in helpful. Here is the link http://www.zillow.com/wikipages/Buyers---Where-to-Start
Best of luck to you,
Pre=qualifying is the first important step to buying a home. Be thoughtful about selecting a loan broker or a bank you want to use. You, the loan person and your Realtor will form the core of the team that will find your new home. You want to make sure the loan person is responsive and has all access to different packages, so you can pick the right loan for you.
Ask your friends who they used, walk into your local bank, ask for a refferal from a Realtor, another words, shop around a little to find the right person.
Also, you really want a pre-approval not a pre-qualifying letter. The pre-approval means that whoever is doing your loan has taken a deeper look into your ability to get a loan. Sellers take pre-approvals more seriously than pre-qualify.
The loan person will ask you to show proof of employment, tax records, any debts, and permission to look up your credit score. It sounds invasive, but they do it everyday, so don't be hesitant about turning over this information.