North Atlanta Mortgage Lender Checklists

North Atlanta Mortgage Lender Checklists

Written by Mary Ellen Vanaken Posted On Saturday, 13 February 2016 11:45

North Atlanta Mortgage Lender Checklists

North Atlanta Mortgage Lender Checklists by The Mary Ellen Vanaken Team - Keller Williams Realty North Atlanta.

You have found that perfect home, the one you've dreamed about. Before you begin packing your bags, you may possibly need a mortgage loan to assist in purchasing that home. Below are two check lists to assist you with the mortgage loan process.

What You Need For A Mortgage Loan Application

1. W-2 Forms - or business tax return forms if you are self-employed - for the last two or three years for every person signing the loan.
2. Copies of at least one pay stub for each person signing the loan.
3. Account number for all for your credit card and the amounts for any outstanding balances.
4. Copies of tow to four month of bank or credit union statements for both checking and savings accounts.
5. Lender, loan number and amount owed on other installment loans such as student loans and car loans.
6. Addresses where you've lived for the last five to seven years with name of landlord if applicable.
7. Copies of brokerage account statements for tow to four months, as well as a lit of any other major assets of value, such as a boat, rv, or stocks and/or bonds not held in a brokerage account.
8. Copies of your most recent 401K or other retirement account statement.
9. Documentation to verify additional income, such as child support or a pension.
10. Copies of personal tax forms for the last tow to three years.

Questions To Ask Your Mortgage Lender

1. What are the most popular mortgages you offer? Why are they so popular?
2. Which type of mortgage plan do you think would be best for me? Why?
3. Are your rates, ters fees, and closing costs negotiable?
4. Will I have to buy private mortgage insurance? If so who much wiill it cost and how long will it be required?
5. Who will service the loan - your bank or another company?
6. What escrow requirements do you have?
7. How long will this loan be in a lock-in period? Will I be able to obtain a lower rate if it drops during this period?
8. How long will the loan approval process take?
9. How long will it take to close the loan?
10. Are there any charges or penalties for prepaying the loan?

For more information on purchasing a home in the North Atlanta area, contact The Mary Ellen Vanaken Team - Keller Williams Realty North Atlanta. 5780 Windward Parkway, Suite 100, Alpharetta, GA 30005 www.northatlantaluxury.com 678.929.6529

North Atlanta Mortgage Lender Checklists

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Mary Ellen Vanaken

Retaining the services of The Mary Ellen Vanaken Team of North Atlanta entitle you to a network of professional individuals that are committed to helping you. Whether your goal is to buy a dream home in North Atlanta, Invest in North Atlanta Real Estate, or SELL your property in North Atlanta. The Mary Ellen Vanaken Team is a team with one common purpose – to get to the closing table.

Here are the benefits to you when deciding to work with The Mary Ellen Vanaken Team.

Mary Ellen Vanaken, Team Owner, is a seasoned professional in both Real Estate and Business. Mary Ellen has an outgoing personality and is known to be aggressive in marketing real estate. With her background in accounting and finance, her goal is to help you find the best value your money can buy.

Administrative Staff – The Mary Ellen Vanaken Team does not allow its skilled sales staff to be busy with administrative tasks. We understand that an outstanding Real Estate Agent may not be an outstanding administrator, so we allow each to do what they do best. This benefits you by freeing up your agent to specialize in negotiations and your admin to dot the I’s and cross the T’s during the transaction.

Your Agent – The Mary Ellen Vanaken Team is comprised of niches (real estate areas) Training, certifications, conferences and on the job experience is required for our agents who specialize in these areas:

- Luxury Homes of North Atlanta

- Relocation

- Neighborhood Specialists In:

Alpharetta, Roswell, Milton, Cumming, Johns Creek and more

The Mary Ellen Vanaken Team believes that a home is not a home because of its room dimensions or the color of the walls. It is about how you feel when you walk though the front door. And the way you can instantly envision your life unfolding there. This is about more than real estate. It is about your life and your dreams.

Mary Ellen Vanaken and her team utilizes the latest technologies, market research and business strategies to exceed your expectations. More importantly, we listen and that means we find solutions that are tailored to you. If you are looking for a real estate team who will work hard for you to sell your home or locate your new home, contact The Mary Ellen Vanaken Team.

www.northatlantaluxury.com

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