Whether you are applying for a home loan in person, over the phone, or online, you will eventually need to supply your loan officer with documentation to help prove your income, your employment, your rent/mortgage history, your debt, and your assets.
The more information you provide early on, the more accurate your pre-approval will be.
FAQ: What’s the difference between a pre-qualification and a pre-approval? (click on the link to find out)
Don’t be fooled by mortgage lenders who do not take the initiative to ask for these documents when you first speak with them. They will use the tactic to make you feel like their loan process is easier than other companies. The truth is, depending on your loan type, most of the documents shown below WILL BE REQUIRED to qualify for a home loan.
- Most recent pay stubs (for the past 30 days)
- Most recent tax returns with W-2’s ( for the past 2 years)
- Most recent bank statements (for past 60 days)
- Most Recent 401-K statement
- Copy of Divorce Decree (if applicable)
- Copy of Bankruptcy papers (if applicable)
- History of where you have lived (within the past 2 years)
- History of where you have employment (within the past 2 years)
VAL’S PREFERRED LENDERS [LISTED IN ALPHABETICAL ORDER – BY LAST NAME]
LOAN TYPES: Jumbo Loans, FHA financing, Conventional loans, USDA loans, VA loans, Texas Vet loans, and Rehab Loans. First-time buyer programs available. (Daylon is my personal Mortgage Lender)
I’ve worked with Daylon for almost 17 years. He is proficient with VA & FHA financing helping both first-time buyers and military veterans/active duty. With his degree in Finance, Daylon excels in building and/or customizing game-plans specific to your credit, debt, and income situation. ~ Agent Val
—
— GOLD FINANCIAL—
Daniel Camacho, Branch Manager
cell: 210-394-7374 | dcamacho@goldfinancial.com
2822 N. Loop 1604 West, Suite 101
San Antonio, TX 78248
MINIMUM CREDIT SCORE: 580 with conditions
*Several loan programs available.
*GRANTS & BOND PROGRAMS: Programs to help with Down Payment and/or closing costs.
*Extremely patient, knowledgeable, and offers great customer service.
—
—SMARTRATE MORTGAGE—
FRED CAMARILLO, Owner/Broker
210-287-6866 | fred@smartratemortgagebrokers.com
*As a mortgage broker, Fred is able to shop multiple lenders at the same time. Because of the upfront competition for your business, he can offer amazing rates and extremely low fees. Fred works fast, so be ready!
—
— Guild Mortgage —
A FINAL NOTE
As always, you’re encouraged to shop for the loan program that is best for YOU and your budget. Yes, you may choose any other lender who’s not on this list. Just keep in mind, it today’s competitive market, your lender you choose will matter! If more than one buyer has made an offer on the same house, sometimes it can boil down to who the lender is. If a lender has a reputation to not to close on time or has a low approval rating, it can lose the deal.
| Paul Perez | Veterans United | o: 210-477-9460 ext7203 c: 210-254-0385 f: 855-875-3746 |
Referred by fellow Agents | paul.perez@vu.com |
You are encouraged to use any mortgage lender who suits your needs, even if they’re not listed here. If you are looking for a smooth loan process, it could be to your benefit to work with a loan officer who already knows how your REALTOR® works.
Val J Aranda, REALTOR® & Certified eXp University Mentor
“Coaching Texas Home Buyers and Sellers since 1998”
A Wonderful Life Real Estate Group
Brokered by eXp Realty, LLC
Call/Text: 210-378-5987
Perfecthomefinder@gmail.com
http://www.aWonderfulLifeRealEstateGroup.com
If you still have questions about the home buying process, I am at your service SEVEN DAYS A WEEK! I keep my phone on after 5:00 pm to help accommodate your busy work schedule. I’m “on-call”, even after everyone else clocks out!
Texas law requires all real estate license holders to provide the Information About Brokerage Services to all prospective clients. TREC’s Consumer Protection Notice.
Own a Piece of Texas 