5 Tips for a Seamless Mortgage Process

Anyone who watches shows about real estate sees the glam—the house hunting, the cocktails at trendy downtown bars with the Realtor, the lender calling to happily tell the clients that their financing came through. You may even see two hunks coming over to do all of your renovations and design. Although some of these aspects can shine through into real life, often times how smooth and glamorous the home buying process can go is dependent on you, the buyer, and the transaction partners you choose.

Here are some tips that you can follow to make the mortgage process go as quickly and smoothly as possible, so when you find your dream home, the rest will be a breeze!

Step 1: Prepare a File of All Necessary Documents

Your Loan Officer will need all of the following information and documents in order to start your process. By gathering these ahead of time, you’ll already be ahead of the game!

• Gather your 2 most recent tax returns and W2s
• Save your 2 most recent statements for any assets that will be used toward your down payment and closing costs; send new statements as you receive them
• Prepare a list of all employers covering a full 2 years minimum
• Keep recent pay stubs handy
• Obtain any documentation regarding divorces, child support, or credit-related situations

Step 2: Send You Documents to Your Loan Officer ASAP

Your Loan Officer needs all the above documents to get the process started. If time is of the essence, upload your documents or scan them into your Treadstone Loan Officer as soon as possible, so we can issue a pre-approval letter!

Step 3: Get Your Pre-Approval Letter

Before you go house hunting, obtain a high-quality pre-approval letter from a local mortgage company. Although many people wait until after they find the right home, delaying your pre-approval can often result in losing offers or missing out on last-minute opportunities. Be prepared with a pre-approval!

Step 4: Always respond quickly

If your Loan Officer or Realtor asks you for a document, get it to them quickly! They want to get you from point A to point B, and occasionally will need more information. The faster you respond, the faster the process can move along.

Step 5: Don’t Stress

With a Treadstone Loan Officer on your side, and a trusted agent, you’ll be in your dream home in no time! We’re here to make the mortgage process as seamless and stress-free as possible. Never hesitate to ask questions or reach out for more information.

Ready to find your mortgage dream team? Get your home-buying process started below!