Credit for the image goes to TaxAct
Pre-approval may be the first step towards
getting a mortgage on Anna Maria Island, but you'll want to get some things in order first. By
following this list you'll be well on your way to receive the mortgage that you
need to buy the home you want in Holmes Beach, Bradenton Beach, or the city of Anna Maria.
1.
Review your credit report. Make sure you get anything that doesn't look
right corrected.
2.
Gather yours and anyone else's tax returns (that are applying for the
mortgage) and proof of income.
3.
Have your down payment money and closing money ready in the bank for when
the deal closes.
4.
If you've been renting, put together the last 12 months of proof that you
have been on time with your payments. Getting a letter from your landlord as a
referral will help as well.
5.
Gather any personal government identification documents needed. (ex: divorce
papers, if applicable)
6.
Provide proof of regular income including Social Security, Child Support,
or any government assistance. Also, provide proof of any IRAs or retirement
accounts you may have. Don't forget to tell them of any money you have held in
the stock market.
7.
Bring proof of any other property you currently own.
8.
Once you get all the documents together, go to a lender to get
pre-approved on Anna Maria Island. They'll give you a GFE, Good Faith Estimate. This is an estimate of
what your general mortgage costs would
be if you choose to go with them.
9.
Go to another lender and get pre-approved again. Do this process as many
times as needed. You'll want to make sure you get the best deal you can get.
Call me, Billi, at 941-545-8877 for any Holmes Beach, Bradenton Beach, or Anna Maria real estate inquiries you have.
Anna Maria Life is dedicated to helping you find the home of your dreams on
Anna Maria Island.
No comments:
Post a Comment