It’s common knowledge that the housing market really picks up in the spring. After those long, hard Indiana winters, homeowners are ready for a change and we’re already seeing houses fly off the market. So what does this mean for the prospective buyer? It means that in order to secure your dream house, you can’t […]
Tag Archives | preapproval
Should I Get Preapproved for a Home Loan?
You’re in the market to buy a home. Whether you’re new to the home-buying process (or it’s just been a while), you’re wondering whether getting preapproved for a home loan is something worth your time. The short answer from our team at GVC Mortgage: Yes.
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Required Documents
- 2 most recent paycheck stubs
- 2 months of bank statements (checking, savings, etc.)
- 2 years full federal tax returns (including W-2s and 1099s)
- Copy of your driver’s license
- Insurance agent contact information
If applicable, the following items will also be needed
- Divorce decree
- Bankruptcy papers
- Proof of child support
- Awards letter (social security and pension)