Just a note, we are realtors not lenders. We represent those who want to buy real estate and own homes. These include investors, owner occupants, Move up Buyers, empty nesters and first time buyers.
If you want to buy it, or sell it, and if it's available or not, we can get it for you. Cocky, maybe – I'd rather say self confident at our ability to assist our clients with all of their real estate needs.
Today we had out truth in lending broadcast for the Santa Clarita Valley Cities. This is one of our favorite podcasts to produce when it comes to lending, lenders and motrgages. There are still too many secrets surrouding the lending profession. We get into uncovering some of those on our Thursdays TIL broadcast.
Talking about the documents required for a pre approval or pre qualification is necessary for your success when needing to borrow money to buy a home.
Lender Questions – Items required for pre approval
Here are a couple of points when it comes to borrowing money to buy a home, condo or a townhome. First – make sure you get any and all promises in writing from those whom are doing the promising.
This is especially important if someone is telling you something that sounds too good to be true. Such as telling you your interest rate will be X when you don't even have a home identified that you want to purchase.
Regarding the documents that are being asked for by your lender. Make a folder on your desktop of your computer, or make a folder in your email that you can label “Lenders Documents”.
Every single piece of paper you give to your lender, ask them to scan it and email it to you in a PDF, Portable Document File.
Then save all of them in either one of those two spots for future retrival and access.
If your lender does not want to do this for you, dump them 🙂
If they are having a hard time, let your Realtor scan the document and then email them to both you and your lender.
It works. Just another Tip from REMAX of Santa Clarita CA's Paris911 Team.
Remember, we know the best Santa Clarita Lenders in the Greater Los Angeles Areas. We are proud to Protect and Serve your Real estate needs and we will leave the light on for you.
Call the number for REMAX of Santa Clarita at the top of this page, or shoot us an email, also at the top of this page, when you are ready to have us represent you with your home purchase or sale.
Every day we have a real estate podcast at http://paris911.com front and center of the screen. We have a seven day a week format where you are bound to find something very useful reference to your Real Estate dealings.