What do people look for when financing a home?

First, it helps to find a house you love! Now comes the part you don’t have to dread. Look for someone who is there to guide you through the loan process, from beginning to end. Someone you trust to help you complete the paperwork, explain the process and work through any problems quickly to make your loan as stress free as possible.

You may have purchased multiple homes over the years or this could be your very first home buying experience. Having a loan officer that understands the latest guidelines and knows what the lender and underwriter are looking for is critical to closing your mortgage loan.

Even with perfect credit and a large down payment, there are things all buyers need to know when putting the necessary documentation together.

• Have you made any large deposits that the lender will need to verify?
• Have you co-signed for someone else?
• What documentation do you need to provide for both of those situations?