Discover Your Dream Mortgage:
- Serving California
- 209-650-1777
- sam@loanguru.us
From streamlining your finances to presenting offers, finalizing a property deal, and all the steps in between, our Home Finance Articles provides comprehensive insights into the home-buying process.
Purchasing a home is a significant milestone in your life, and being well-informed is key to making confident decisions. Whether you’re a first-time homebuyer or looking to upgrade, understanding the process and your options can save you time, money, and stress. To help you on your home buying journey, we’ve compiled a list of valuable online resources and educational platforms that cover various aspects of home buying.
2. Financial Readiness
3. Home Search and Evaluation
4. Legal and Contractual Aspects
5. Insurance and Protection
| Category | Documents Required |
|---|---|
| Personal Information | – Photo ID (Driver’s License, Passport) |
| – Social Security Card | |
| – Birth Certificate | |
| – Marriage Certificate (if applicable) | |
| – Divorce Decree (if applicable) | |
| Income Verification | – Recent Pay Stubs |
| – Tax Returns (past 2-3 years) | |
| – W-2 Forms | |
| – 1099 Forms (if applicable) | |
| – Proof of Additional Income (rental, alimony, etc.) | |
| Employment History | – Employment Verification Letter |
| – Recent Pay Stubs | |
| – Contact Information for Employers | |
| Financial Statements | – Bank Statements (past 2-3 months) |
| – Investment Account Statements | |
| – Retirement Account Statements | |
| – Proof of Down Payment Funds | |
| Credit and Debts | – Credit Report |
| – Credit Card Statements (all) | |
| – Loan Statements (car loans, student loans, etc.) | |
| Property Information | – Purchase Agreement |
| – Property Listing Information | |
| – Property Appraisal | |
| – Homeowners Association Documents (if applicable) | |
| – Home Inspection Report (if applicable) | |
| Insurance Documents | – Homeowners Insurance Policy |
| – Flood Insurance Policy (if applicable) | |
| – Title Insurance Policy | |
| Legal Documents | – Power of Attorney (if applicable) |
| – Will or Living Trust (if applicable) | |
| – Divorce Decree (if applicable) | |
| – Prenuptial Agreement (if applicable) | |
| – Gift Letter (if down payment is a gift) | |
| Other Documents | – Letter of Explanation (if needed) |
| – Rental History (if applicable) | |
| – VA Certificate of Eligibility (for VA loans) | |
| – Additional Proof of Income or Assets (if requested) |
Loanguru Mortgage LLC is a licensed mortgage broker. NMLS ID # 2439615. Licensing: California-DFPI Finance Law License. License# 60DBO-177169. All loans originated by Loanguru Mortgage are funded by third-party lenders. © 2023 Loanguru Mortgage LLC.
