Are you curious about what documents are needed to get pre-approved? Listed below is a mortgage pre-approval checklist! 👇🏻
✔️ Federal Tax Returns
✔️ W2’s and 1099’s
✔️ Consecutive Paystubs
✔️ Asset Statements
✔️ Current Mortgage Insurance Statements
✔️ Driver’s License

✔️ Current Homeowners Insurance Statements

Mortgage rates play a significant role in a buyer’s home search. ⁠As rates go up, so does their monthly mortgage payment, directly affecting how much they can afford. ⁠And even the smallest increase can have a large impact on your monthly payment.⁠
Serious buyers should approach rising rates as a motivating factor to buy sooner, not a reason to wait. Waiting will cost you more in the long run. Reach out to me today to understand your budget and how you can be prepared to buy your home before rates climb higher.