Forum Banot- What is needed to qualify for a home loan.
Thanks for the opportunity to share with you an evening with a financial panel at the Forum Banot.
What are the documents you need to get pre-qualified for a Home Mortgage
- 2 year Tax returns personal and business
- 2 Year W-2
- 2 paychecks to make 30 days
- 2 months statements- ALL pages even if they are blank
Checking, Saving, Money Market, Stocks & Bonds, 401K IRA etc
- we will pull a tri-merge credit report
must have at least 2 open accounts for 12 months
minimum score should be 620 (we have done lower-rate will increase)