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Your Mortgage Prequalification Checklist
Thinking about buying a home? Even if you aren’t going to start looking at properties for a few more months, there are things you can do right now that will help you be better prepared for applying for a mortgage. Some documents you’ll need can take weeks to gather, so starting early is key. The following prequalification checklist will help you get organized for when you’re ready to kick-off the mortgage approval process.
Blue Water’s prequalification checklist includes:
- Insight into the credit information and financial documentation you’ll need for prequalification
- Tips on how to better prepare your credit profile to ensure a smooth prequalification process
- Advice on how to improve your status as a borrower (i.e. savings tips, debt payment suggestions, pre-qualification etc.)