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Q
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1. What do I need in addition to the application? |
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A
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1. Last 2 years W-2's & current paystubs
2. Past two years Landlord/ Mortgage company info.
3. Employment history for past two years
4. Contract for sale and legal description (if Purchase)
5. Latest 3 months bank statements
6. Loan information on other real estate owned
7. Check for Credit Report ($8 single- $16 married)
8. Social security numbers
9. Copy of Drivers License or photo ID
other items may be requested after loan in process!
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Q
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2.Can I get "Pre-Qualified" before finding the house? |
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A
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YES, Your Seller, Real Estate Agent and us prefeer you get pre-qualified before you go house hunting. This way you know exactly what you can qualify for and this makes it easier for all parties involved. You can get a better idea on closing cost and down payment requirements also. This way you can show Seller that you are serious and ready to close quickly. |
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3. How do I pay Fidelity Mortgage Loans, Inc.? |
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Excellent question! We get paid either by you the customer or by the lender or a combination thereof. Each loan program offers different fees and rate packages. Best to get a Good Faith Estimate up front whether you choose us or another mortgage broker. |
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