If you have a local bank that you deal with or have had past loans with, they would be the ones to talk to about a loan for a home. Another good resource is a mortgage broker. I suggest that you call and make an appointment to sit down with a loan officer or mortgage broker to discuss your ability to buy a home. You will want to bring 2 current pay stubs, debt information for student loans, credit cards, car loans and installment accounts and you will need at least 2 years of tax returns (more if self-employed), statements for savings and checking accounts no more than 30 days old and some financial institutions will want retirement and investment account information. Your debt to income ratio will be important with the QRM standards that went into effect on 1/01/14. Once you have talked to them make sure you will feel comfortable with the amount they will loan you and the payment for your home. You may qualify for certain loan programs specifically tailored for first time home buyers or veterans. Be sure to find out your loan type, interest rate and amount you qualify for so when you find the REALTOR® you want to work with you will have all of this information to give him/her.
Hope this helps.
459 Lee Jackson Hwy.
Staunton, Va. 24401
Licensed for Real Estate in the Commonwealth of Virginia
You can go to my secured website 24/7 and apply for a mortgage and get a pre-approval (for qualifying borrowers) in 10 minutes, plus you will get $150 off your closing costs and free credit report for you to keep.
Mary Kay Laurent
Associate Vice President of Mortgage Lending
o: 773.516.6859 - m: 312.403.4150 - f: 773.328.1740
Getting qualified is a really pain-free process. All I'd need to do is verify three things: Your credit, income and assets.
And if you don't have enough assets, we have access to special First Time Homebuyer programs that offer up to $10,000 in down payment assistance.
Give me a call.
Senior Mortgage Consultant
You're going to want to find a good buyer broker to work with as well, I've attached a link at the bottom that will help you understand what to look for and the questions to ask when interviewing potential buyer brokers.
Good luck and happy house hunting.
Any lender's web site will have qualifying tools you can use. The harder part is being able to ask questions and get answers, specific to your needs. Most people prefer a live person to get the details right.
If you like the live in person idea, I am hosting Home Buyer Seminars this coming week in Rolling Meadows. There will be a Realtor, a Credit Restoration company, and a lender (myself) helping people with THEIR specific needs, live and in person.
Please email me back if you'd like to attend. Either Tuesday evening February 25th, or Saturday morning March 1st.
Now it is a great time to buy a home! Interest rates are still historically low; and home prices in some areas have fallen, making your dream home more affordable than ever.
Stonegate has a wide array of loan programs. Please let me know if I can be of any assistance.
I would be happy to give you a free professional assessment. I would need to take a look at your income, assets, liabilities and creditworthiness to determine if you qualify. I work with over 40 different lenders to be able to provide more opportunities and the best possible financing. Feel free to contact me with questions, or to get started.
Market Place Mortgage
Lombard, IL 60148
Phone: (630) 217-7013
I, or any other experienced lender will be willing to work on getting you pre-approved. I can email info to get you started and if you have your basic financial documents available I can generally have you fully pre-approved the same day.
I'm available to help you at your convenience if you wish.
I can do a full underwriting approval ahead of time if need be and I also offer credit score improvement programs for free while we work on your mortgage.
If you like my answer above, consider clicking on a “Thumbs Up” or “Best Answer”
Robert L. Hanson
Gladewater National Bank
First Time Homebuyer Specialist
Direct: 240-752-7549 Cell: 301-651-7822
Rate quote or live chat with me at the link below: