Get Pre Approved Now
Having a pre-approval letter from a mortgage lender is one of the most powerful tools you can have when buying a home. A pre-approval letter will set you apart from other borrowers because it will show a seller that you can actually afford their home, and that you are already working with a lender who has preliminarily approved you for a home loan.
When you approach a lender to be pre-approved for a home loan you will need a few items. In order to verify your information the lender will need:
· W2 forms for the last two years
· Last two pay stubs
· Most recent bank and investment statements
This information is what sets apart a pre-approval from a pre-qualification. Being pre-approved means that the information you have given the lender has been verified; whereas a pre-qualification is the lender just taking your word.
United Home Loans is licensed in Wisconsin, Minnesota, Michigan, Indiana and Illinois. If you are currently looking for a home in any of these states give us a call today. The mortgage bankers with United Home Loans will work with you to determine how much home you can afford and help find the best mortgage program for you.