Online Operations, NACA
Wells Fargo and I do not charge a lender fee to Veterans. And we also have a 1st time home buyer gift card of $500 after you close the loan.
I can get you pre-approved within a few hours once I have your income documentation. Here is what I'd need from you in order to get started-
> - Pension Award letter
- 2012 and 2013 1040 federal tax returns, all pages and all schedules.
> (don't need State of CA returns)
> -2 months bank statements
> - Asset statement like 401k,
> IRA or stocks/bond account.
Email to firstname.lastname@example.org or call/text 858-805-5347
you should be ok , you should apply with mortgage broker or lender.
We close your loan Fast & Easy
Yes, the $2,800 pension is the only (steady) income I currently have, until I get a (real) job. I've been a substitute teacher this past year (from 2013 to the present). I've also saved about $12K+ in the last year or so.
I left the military four years ago and spent the last three years in graduate school. Besides, I recently finished grad school four months ago and will be attending my graduation commencement in two weeks--on May 15, 2014.
Currently, I'm looking for work in New Jersey and in Los Angeles even though my gut feeling is to move from New Jersey to LA as soon as I am able to do so.
More specificially, Brian, I want to move from the east to the west coast within the next 3 - 6 months. So I'm, presently, scouting either a Los Angeles 2-br rental or a 2-3 br house (I can afford), although I'm aware that the DTLA market is overpriced, to a large extent, as far as rentals and mortgages are concerned.
Brian, to answer your question: I have student loans of $126K and about $11,500 in other debts. Presently, my DTI ratio is high; however, I'm working on drastically reducing both the student loans and the miscellaneous debts not only to increase my credit score, but also to create a different financial foundation for myself.
More importnatly, Brian, I don't have any credit card debts, besides the low monthly charges on the two credit cards that I have been using on a regular basis, during the past year or two, to re-establish my credit history. I (mostly) use one-third of the credit limits on my two credit cards and, then, I pay off the two balances the following month, so as not to incur any extra debt!
Once again, thank you, Brian, and have a wonderful weekend and take care.
Sr. Mortgage Banker
NMLS # 659743