Are you pre-qualified for a loan? Getting pre-qualified helps you have insight into what you are able to buy in this market and gives you an edge over buyers who have not yet pre-qualified for their loans.

Need to get pre-qualified for a loan? Click Here to connect to one of our local lenders, Jeff Krueger.

Preparing for Your Meeting with the Lender

Information the Lender Will Need:

1. Your last two years tax returns - all schedules. If you have partnership K-1's reflecting more than 25% ownership - include the partnership returns.

2. W-2's & 1099's supporting your returns

3. 2 most current paycheck stubs

4. 3 most recent statements for all checking, savings, stocks, bonds, retirement, 401-K i.e. any asset.

5. Current mortgage statement or name and address of landlord

6. If self employed - two years tax returns from business and year to date profit & loss

Don'ts

Don't pack your tax returns, W-2's, 1099's, divorce papers etc. with your household goods.

Don't buy a new car or furniture or appliances for the new house until the transaction closes. This effects your debt to income ratios.

Don't move assets from bank to bank or consolidate your debts during the transaction. Sometimes money in the bank is more valuable than having no bills.

Don't obtain a credit report on yourself. Lenders question all inquiries and frown upon too many.

Don't change jobs. Job related relocation is one thing - changing jobs is another.