The Bly Team's Real Estate Blog: Get Mortgage Ready | Premier Nationwide Lending | The Bly Team

Get Mortgage Ready | Premier Nationwide Lending | The Bly Team

Get Mortgage Ready | Premier Nationwide Lending | The Bly Team | 281-823-5775

Get Mortgage Ready! 

What you should know when you're getting ready to buy a home.

The more prepared you are, the easier & more favorable the loan process will be!

  • Be organized!
    • Gather current documentation - See Process checklist
    • Keep original paycheck stubs & bank statements
    • Guidelines require documentation of all funds, including transfers, cash gifts, & bonus checks
    • We will need all documents (including sales contract & closing statement) if you're selling your current home
  • Leading up to the final 2 months before mortgage:
    • No Cash Deposits - Call our office if you have a gift that will be used for your home purchase
    • NO MAJOR PURCHASES - Any large purchase will impact your qualifications! Call us if you have questions.
    • Be careful when transferring money - NO cash advances, no overdrafts
  • Be Money-wise!
    • DO NOT make any large purchases (This includes furniture, appliances, automobiles, etc.)
  • Pay down revolving dept to less than 30% of available credit
    • If you're able to do this, it will improve your credit score(s)!
  • Don't Change Jobs - Your employment is re-verified on the day of closing!
  • Don't Close Accounts!
    • Keep all credit accounts open during the mortgage process
    • If money is transferred between accounts, we will need to see this in documentation.

"We're here to guide you through the purchase of your new home."

Get Mortgage Ready | Premier Nationwide Lending | The Bly Team | 281-823-5775

Thanks for all the wonderful information from - Premier Nationwide Lending at 281-333-3153.

If you have any questions regarding any of the League City Neighborhoods, or would like to schedule a tour of any real estate, residential or commercial in the Bay Area, please do not hesitate to call The Bly Team : 281-823-5775.

 

Deborah Bly Selling homes in League City TX

Deb's PictureRE/MAX Space Center

217 East Main Street
 League City, TX 77573

 Office 832-932-5435

 Cell 281-782-5313

 Deb@AgentBly.com

  www.AgentBly.com

    

Comment balloon 0 commentsDeborah Bly • February 19 2014 12:32PM

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