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Mortgage calculators are available to help you determine how much mortgage money you can afford, and the amount of your monthly payments.
The Loan Application
You will be asked to provide detailed financial information when you apply for a mortgage. Be prepared with the following information.
- Purchase agreement
- Funds for appraisals, credit reports and lending fees
- 12 months cancelled rent/mortgage checks
- W-2 (2 years) and the last thirty days pay stubs
- Last 2 years tax returns
- Bank statement, last few months - all accounts
- Certificate of Eligibility (VA)
- Divorce decree/seperation agreement if applicable
- Other papers may be required depending on the loan
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