Before beginning your property search, take time to organize your finances and prepare for the buying process.
Financial Records
Gather the following documents to help streamline the financing process:
- Financial statements
- Bank account statements
- Investment accounts
- Credit card statements
- Auto loan information
- Recent pay stubs
- Two years of tax returns
- Leases for investment properties
- 401(k), life insurance, stocks, bonds, and mutual fund statements
Credit Review
Your credit score can affect your financing options and purchasing power. Review your credit with a lender to better understand your borrowing capacity. We can recommend experienced lenders specializing in residential, commercial, construction, and investment properties.
Financial Stability
Avoid major purchases or sudden career changes while preparing to buy. Maintaining financial stability can help strengthen your position throughout the purchasing process.
