New Hampshire and Maine Homes and Condos

Looking to buy a home or condo in the Portsmouth NH
area? 

Make sure you start off by getting a written pre-approval letter from
a professional lender.

Now that you’ve found the perfect Portsmouth home or condo, it’s time to make your mortgage application.  Here’s what you’ll need to get together for
your lender so you can provide him or her complete information to get your
home mortgage in the works:

–  one month’s worth of pay check stubs;
–  your last 2 years’ of your
W-2 forms;
–  your most recent 2-3 months’ of bank account
statements;
–  account numbers and contact information on all credit cards
and outstanding loans;
–  child support and/or alimony payments, if
applicable;
–  your last 2 years’ of tax returns, if you’re
self-employed.

This information is necessary to process your request for a Portsmouth NH home or condo mortgage, so the more
documentation you can provide up front, the smoother and more stress-free your
real estate purchase and mortgage process will be.  If your
lender requests additional informtation, do your best to get that information
back as quickly as you can.  Keep the process flowing and don’t cause
unnecessary delays by not providing what’s asked for or by challenging your
lender’s need for certain information or documentation.

Here are some other tips to pay heed to while you’re in the homebuying
process:

–  Don’t go out and run up your credit cards or make any big purchases. 
–  Don’t open any new credit cards or charge accounts.
–  Don’t switch jobs during the process.
–  Keep all your accounts current and pay your
bills on time or early.
–  Make sure to keep your current mortgage payments paid and up-to-date.

Most lenders these days pull a new credit report and do new verificatons of
employment just before the closing.  Any substantive changes in any of your
accounts or employment may jeopardize your ability to obtain the mortgage for
that perfect Portsmouth NH home or condo you’ve been working
hard to buy.

Be prepared and plan ahead, and your home buying and
mortgage experience will be a happy positive one!

Are you thinking about making Portsmouth New Hampshire your
home?  Call me today at 603-431-1111 x 3839, or send
me an email, and let’s talk real estate!

 
            
   





                                  
 
Ann Cummings, New Hampshire REALTOR
 
RE/MAX Coast to Coast
  Portsmouth
NH
  ann@anncummings.com
  888-349-5678 x
3839
  Servicing the
Coastal Areas of NH & Southern Maine                    



                        
           

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