• From the past two years:
– W-2 statements
– Tax returns
• Recent pay stubs
• Proof of year-to-date income
• Bank statements
• Investment account statements
• Employment verication
• Copies of:
– Driver’s licenses
– Social Security numbers
– Current addresses

​Did you know that a FICO Score helps predict a
buyer’s chances of defaulting on a loan as well as
a mortgage’s maximum amount and interest rate?
Here is what goes into a score:
• Payment history (35% of a score)
• Amounts owed (30%)
• Length of credit history (15%)
• Credit mix (10%)
• New credit (10%)

Unsure of how interest rates work or how they are
determined? Check it out:
• Interest rates vary depending on current market
conditions, economic factors, and a buyer’s
personal background.
• Generally, borrowers with steady employment
and high credit scores qualify for the best rates.
• The rate determines the interest paid on a loan.
Even an increase of one percentage point can
have a signi cant impact on monthly payments.
• The APR (or annual percentage rate) on a loan
re ects the interest rate as well as other
borrowing costs, such as discount points,
private mortgage insurance, and closing costs.
• A  xed-rate or an adjustable-rate loan—which
to choose? The answer depends on whether rates
are high or low during the time of a purchase and
on how long the buyer plans to live in the home.