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Updated about 4 years ago on . Most recent reply

User Stats

32
Posts
4
Votes
LaShelle S.
  • New to Real Estate
  • Jackson, TN
4
Votes |
32
Posts

Meeting with Mortgage Lender

LaShelle S.
  • New to Real Estate
  • Jackson, TN
Posted

Hi everyone,

I would like to meet with the mortgage lender at several banks to make sure I'm prepared when I find a property. I want to ask exactly what are my mortgage options for financing a mult unit , the qualifications for each (credit score, income, debt income ratio etc) and what paperwork do I need to bring for a pre-approval. I basically want to be prepared to put in a strong offer with a pre approval as soon as I find a property. What other questions should I ask or what should I bring? My credit score is in the mid 700s and I have almost 40k saved. I've used my VA loan before and sold that house. I won't be owner occupying yet so that's not an option again yet. Thank you

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