Your Mortgage Resource Center
Why Work with Angie?
Starting the mortgage process is difficult for everyone, but we never want anyone to feel like purchasing a home is impossible. Angie truly believes that mortgages are for everyone. As long as you’re okay with a little hard work and patience, she’s happy to work with anyone that wants her help. The first step is the hardest, but we’ll be here to help you along the way.
20 Years Experience
Around the Clock Support
21 Days Average Loan Closing
4.9 out of 5 Star Reviews
Calculate Your Monthly Payments
Preparing for the Loan Process
- W2s from the last two years
- 1040 Federal Tax Returns from the last two years (all pages)
- If you are a business owner, you will need business tax returns and K1s
- 2 most recent paystubs
- 2 months of recent statements for all assets (checking, savings, money market, retirement, etc.)
- Driver’s license or passport
- Other documentation may include: offer letter for employment, school transcripts, social security or pension award letters, divorce decree, bankruptcy papers, short sale documentation.
Pre-Qualified vs Pre-Approval
Pre-Qualified
Getting Pre-Qualified involves supplying us with your overall financial picture, including all debts, credit, income and assets. We will review everything and give an estimate of how much you can qualify for. Pre-Qualification can be done over the phone or online and there is no cost involved. Pre-Qualification is quick, usually taking just one to two days. Keep in mind that loan Pre-Qualification does not include an analysis of your supporting documentation. It is based solely on the information you have provided verbally and/or online for your application.
Pre-Approval
For an official Pre-Approval letter, you will need to supply us with all the necessary supporting documentation that was requested on the “items needed list.” We will then review and validate all documentation supplied and provide you with an official Pre-Approval letter. Going through the Pre-Approval process puts you, the buyer, in the strongest position possible against the competition, when making offers on homes. In our intense buyers’ market, sellers are only considering serious buyers who have done their due diligence and are fully pre-approved.
Mortgage Loan Process
We work with you to come up with the very best solutions for your challenges!
1
Apply at www.AngieSherer.com.
2
Once application is received, we will be in touch with a list of documents needed to complete your pre-approval.
3
Set up a time to consult with a member of the Angie Sherer Team to discuss mortgage options.
4
Shop for your new home and get an accepted offer!
5
Your loan file moves into processing.
6
Angie Sherer Team will be in touch if there are any additional items needed.
7
File is approved, cleared to close and final numbers are received.
8
Closing day! Congratulations!