RealEstate@Sonia-Jimenez.com
Sonia Jimenez
Realtor  - Real Estate - Asesor Inmobilario - Bienes Raices

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562.665.7754
PRE-APPROVAL CHECKLIST  

 

     
 
The first step a buyer needs to start the process to buy their dream home is to get prequalified. The lender takes your application to evaluate how much you qualify for. They check credit scores, employment history, income, and other requirements to complete a mortgage application.  Once the lender has a complete application then they provide a list of loan programs convenient for the buyer. 
 
 
DOCUMENTS REQUIRED FOR YOUR PRE-APPROVAL, FOR EACH APPLICANT:

Identification: A government-issued driver’s license or state-issued Identification Card.

Social Security Card: Your Social Security card is another form of identification that may be requested by your lender. It adds another verification of your identity and helps match your Social  Security number with your picture ID to further confirm it's you who's getting the loan. You'll also need to supply your Social Security number to run a credit check 

The Last Two Years of Federal Tax Returns: Mortgage lenders are looking to establish a
financial understanding of your tax returns. It demonstrates income history and helps support
your ability to pay back your potential loan.

Last Two Years of W-2 / 1099 / K-1 Statements: These statements help corroborate the
financial picture your tax returns show and are an important verification step for mortgage
underwriters.

Paystubs Covering the Previous 30 Days: If your taxes and W-2s help the bank understand
your financial past and your paystubs help them understand the present. 

P&L Statements (if you’re a business owner): If your income depends on the operation of a
business, the bank will want to support your paystubs with profit & loss statements from any
businesses you operate.

Asset Statements: In order to assess your ability to make payments on a loan, mortgage
companies also want to get an idea of your current assets, including balances in checking and
savings accounts, retirement/401k/IRA accounts, and any investment portfolios you have.

Copy of Current Mortgage Statement (if applicable): If you’re already the owner of a home
or property and have a current mortgage on it, your lender will want to review the
documentation for that loan (even if they are the lender on that property too).

Copy of your Property Tax Statements (if applicable): Like a mortgage statement, your
property tax statements will help a lender determine your payment history and ability.

Congratulations on getting a step closer to purchasing your dream home. 


APPLY NOW!
 

Please let me know if you have any questions. I'm here to help you. 

Testimonials

Sonia Jimenez Is a very responsible and wonderful real estate agent. When she was helping me and my husband look for a second prop...
- Aurora C., La Habra, CA

Location

1475 S. STATE COLLEGE BLVD.
SUITE 100
562.665.7754
Sonia@RiseMRE.com

Dre# 02056727 NMLS ID# 1724407

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