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8 Tips on Mortgage Application Needs

Monday, January 29, 2018   /   by Sean Zanganeh

8 Tips on Mortgage Application Needs

Buying your first home can be intimidating, and purchasing a home is one of the most important financial decisions you may make in your lifetime. To ensure confidence before you dive into purchasing your first home, check out these helpful hints for first-time home buyers:

Mortgage Application
If you come prepared with the necessary documentation before visiting your lender when applying for a mortgage, you will save a great deal of time. Here is a useful checklist of some of the requirements you need for mortgage applications:

-Social Security Numbers for both you and your spouse

-Checking and savings account history. You should have 6 months worth of documentation.

-Evidence of other assets such as bonds or stocks

-Employment verification documents. The name and address of someone that can verify your employment is typically sufficient.

-Proof of income. Bring recent paycheck stub with detailed information on your earnings.

-List of credit card accounts including approximate monthly amounts owed on each card account.

-List of account numbers and balances due on outstanding loans.

-Copies of your income tax statements for the previous 2 years.

Always trust a professional

Set your standards high when choosing a trustworthy professional. It is wise to be in regular contact with your agent and understand the entire process of buying your home. Sean firmly believes that the client comes first and every step must be taken in order to get their home sold. Sean is committed to providing clients with exceptional service, honesty, and commitment. Contact Sean Zanganeh today at 858.229.6063
My San Diego Dream Home
Sean Zanganeh
12780 High Bluff Dr
San Diego, CA 92130
858-345-9040
CA DRE# #01851910

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