Thursday, August 27, 2015

Beginning Loan Obedience Class

Sit, Down, Stay; loan obedience class

Preparing to get a home loan requires some obedience classes...similar to sit, down, and stay for a dog.

SIT

Sit down and design your goals. 

The type of home (square footage, lot size, style, neighborhood, location)
The purchase price of your new home
The down payment you desire.
Time frame (what date do you want the keys to your new home?)

I can help you pinpoint the home price that will fit comfortably into your goals.

DOWN
Download the documents that you will be needing to upload to your loan originator (that's what we are called these days)


W-2 forms (2 years)
Tax Returns (2 years)
Pay Stubs (Collect one month)
Bank Statements (all pages for 2 months)
Anything incorrect on your credit report that needs documentation

(annualcreditreport.com or Freecreditreport.com are a great place to get a "peek" at your information, but don't be surprised when the credit pull for a mortgage has some more detailed information.  




STAY

Stay focused and keep your eye on the ball...don't let distractions keep you from your goal.

The key to good training (in dogs, and anything) is timing.... being concise with your goals, and efficient with your documentation presentation will lead you to the best outcome..........fetching the home and loan that meets your goals!


Call me to learn loan obedience of Sit,Down, and Stay.

Cindy Chaisson
Florida and California Licensed Originator NMLS #1385534

9069 SE Bridge Rd, Hobe Sound, FL 33455

Powered by Edge Home Finance NMLS 891464
4510 W. 77th St #380, Edina, MN 55435
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1 comment:

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