Before you begin shopping for homes, it's time to meet with a lender to get pre-approved for a home loan. Having a pre-approval letter in hand can give you a leg up in this competitive market and show seller's that you're a serious buyer with your finances in order. â A lender will look at your finances, employment and credit while determining the loan you may qualify for. Start preparing these 5 documents so that you're ready to begin the pre-approval process! ð âïž Identification âïž Proof of income from the last 2 years; W-2 statements, additional income, tax returns and recent pay stubs âïž Proof of assets; bank statements and accounts that show proof of funds âïž Debt statements from loans or lines of credit to determine debt-to-income ratio âïž Other financial documents such as down-payment gift letters If you have any questions about the pre-approval process, please reach out! ð²
HÅM Utah Alexis Pahl, Realtor (385) 262-7423 alexis@homutah.com 8347674-SA00
HÅM Utah Tobin Prince, Broker (801) 300-1087 tobin@homutah.com 9256219-AB00
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