What are the initial documents needed for a mortgage pre-approval?
When visiting a loan officer, you'll want to arrive to your appointment with the documents that will help the lender determine your credit standing/worthiness, income, debts, current assets, and your current immigration status. These initial documents needed for pre-approval, boil down to the following basic listed items:
● Official Identification: Driver's License/Passport
● Social Security card
● If not a US Citizen: green card/work authorization
● Pay stubs: Last 30 days
● Bank statements: Last 2 months
● W2 or 1099: Last 2 years
● Tax returns: Last 2 years
Upon reviewing your documents, based on your particular case, the loan officer might require that you gather and present other additional documents to complete your loan pre-approval. Other documents might include items such as a divorce decree, evidence of alimony, evidence of child support, evidence of retirement/pension funds, etc.
The more prepared you arrive to your initial pre approval appointment with the lender, the better is your likelihood of getting a loan pre-approval, on the spot that same day.
If you need guidance in getting connected with our preferred loan officers, who hold and exceptional record in securing mortgage loans for our clients', then contact us at (678) 978.7476 in Metro Atlanta or at (912) 388.0011 in Savannah. We can help you get connected.
Remember, we are always ready to help you with the SALE of your house, and the PURCHASE of your next home. Call us!