What to Expect When Qualifying for a Home Loan in Maricopa Arizona

When searching for a home to purchase in Maricopa Arizona and you plan to finance the purchase, the first step is to speak with a lender to get qualified for a home loan. The qualification process for a home loan can be completed over the phone and you can expect the lender to inquire on 3 areas:

• Income
• Assets
• Credit

For an accurate qualification, the Lender will need the following:

Credit

• Social Security Number
• Current address (2 year history)
• Date of Birth

Income

• History of employment for the previous 2 years
• Gross annual income (salary, hourly or self employed).

Assets

• Source of funds for down payment and/ or closing costs.
  

The discussion will usually last about 15 – 20 minutes and to speak with the lender that I work with and trust to provide you accurate information and good service…call, email or text: