WHAT YOU’LL NEED

A prepared homebuyer has a smoother, easier and less stressful experience. Knowing what you can afford eases the risk of walking into a transaction blindly. Often the hardest and most dreaded part of the process is meeting with a *mortgage lender and facing the facts of your finances. But don’t despair! Here are some tips I share with my clients to prepare, and hopefully alleviate, much of the stress caused by the unknown.

• Have at least two years employment history

• Find out the health of your credit score

• Avoid big purchases (i.e. a new car) and opening new credit cards

• Have funds for Earnest Money, downpayment and closing costs (approx. 20% of your yearly income saved)

• Gather past two years tax returns, W-2s, recent pay stubs, bank statements, and current forms of ID

*for a list of local lenders I highly recommend, please reach out. I’m happy to share the resources to equip you!