How you’re going to pay for your new home is probably the single most important facet of buying a home. Knowing, in advance, how much you can afford and how much you qualify to borrow will not only give you the peace of mind that comes with knowing you qualify, when you find the home you want, you’ll have the power of pre-approval backing up your offer. We’ve been working with lenders in the Philadelphia area for more than two decades; we’d be happy to recommend someone we trust and who will explain the process.
Things you’ll need:
Bank & credit card statements, pay stubs, two years of income tax returns–any financial paperwork that contributes to your credit rating (your lender will give you detailed information about exactly what you need). Check your credit score: knowing ahead of time where you stand will help position you properly for the loan that’s right for you