Homebuyer Welcome Kit. Guide to Financing Your Home Purchase

Transcription

1 Homebuyer Welcome Kit Guide to Financing Your Home Purchase

2 2 I take away from the process a company that genuinely cares for each of their clients in all situa6ons of life and would recommend them to anyone. Tracy, Florida Meet Your Guides As a credit manager at Bank of England, I aim to fashion your mortgage to meet the goals of you and your family. I have a passion for providing excep=onal customer service and take =me to understand each client's needs. From first-=me homebuyers, to Investors and homebuilders, I treat each transac=on as if it's my own. Always keeping my clients' best interest as a top priority, I realize that buying a home is one of the most important decisions of one's life. My goal is to complete your transac=on in a =mely, efficient manner, while adding you to my family of life-long clients. I work well with diversity, and excel in building two-way rela=onships with my clients and co-workers. Sincerity and integrity are quali=es that I value to the highest degree. HARRISO N GREEN MORTGAGE BANKER HGREEN@BOEMORTGAGE.COM Outside of work, I enjoy a variety of outdoors ac=vi=es including basketball and water sports. As a na=ve to Jacksonville, I alended high school at Trinity Chris=an Academy and later earned a degree in accoun=ng from the University of North Florida. I recently married my wife, Audra Green, and we are proud to call Jacksonville home. Stacy Morris grew up in Miami, FL and is a graduate from the University of Florida. She chose Jacksonville, FL to call her home in 2011 where she met the love of her life, Gregory Leb, and was blessed with an amazing step-daughter. Outside of work, she loves spending =me with her friends, family and two dogs. Stacy has been in the mortgage industry for 5 years and knows the ins and outs of the business from the start of a loan to the finish. She is very detail oriented and prides herself in great customer service. Her goal is to make the mortgage process an easy and exci=ng one. STACY MORRIS LOAN PROCESSOR STACYMORRIS@BOEMORTGAGE.COM

3 Items Needed for Priority QualificaCon 3 Thank you for choosing Bank of England for your mortgage needs! The first step towards purchasing your next home is ge<ng qualified. You will find the items needed for the Priority QualificaBon process below. Please gather these items (digitally or physically) and send to me when possible. If you are missing any of the documents, please do not hesitate to send me what you already have. If you have any quesbons, please call or . Needed From Each Person on ApplicaCon q Last 2 years filed Tax Returns (all pages) q Last 2 years W2s (& 1099 s if applicable) q Paystubs: Most recent 30 days consecueve q Last 2 months of all asset statements (all pages) Examples: Checking/savings account statements, stocks, 401k, etc. q Copy of current mortgage & homeowners insurance statements if you currently own a property(s) q Copy of Driver s License (picture taken on phone then ed is acceptable) If You Are Self Employed q Copy of last 2 years business tax returns (all pages) If You Have ReCrement Income q Copy of this year s Social Security Award LeOer q Copy of 1099 s for Social Security for last 2 years q For pension income, award leoer showing monthly amount & copy of 1099 s for last 2 years If You Have Child Support/Alimony Income q Copy of full divorce decree/child support order (must conenue for 3 years) q Proof of money going into bank accounts for past 12 months I look forward to helping you and your family reach your financial goals! If you have any quesbons on these items, please let me know.

4 Mortgage Do & Don t Guide 4 During the course of purchasing a home, it is very important to consult with your Mortgage Banker to ensure nothing compromises your mortgage eligibility. Use the guide below to guide your acbons: Do Get your documents to me as quickly as possible. Delays in obtaining documents or signatures could delay the loan. Pay all of your bills on Bme. If you are refinancing, this includes your exisbng mortgage. Don t Borrow money for your earnest money/binder or money to close Deposit large amounts of cash into bank account Apply for a credit card, auto loan or co-sign a loan Close any exisbng lines of credit Max out, consolidate or miss payments on your exisbng credit cards Change your name Dispute accounts Spend funds marked for closing Change your employer/job/income Schedule any services unbl the closing date has been confirmed by both Bank of England and the Btle company. This includes, but is not limited to floor installabon, painters, movers, television/internet services and so forth. If you want to schedule these services, please confirm the closing date beforehand.

5 The Mortgage Process 5 All mortgages are separate and unique. Some steps might differ based on loan scenario. Step 1: ApplicaCon & Priority QualificaCon Loan ApplicaBon Completed Priority QualificaBon Le\er Issued Step 2: Purchase Contract Agreement of Purchase Price & Terms Loan EsBmate (LE) Issued Step 3: Loan Processing Gather Any Remaining Info/Documents Appraisal & Title Work Ordered Step 4: UnderwriCng/CondiConal Loan Approval Loan Approval CondiBons Provided Required Documents Collected Step 5: Final Approval/Closing Processing Clear to Close Issued/Closing Scheduled Closing Disclosure (CD) issued 4 Days Before Closing Bring IDs/Funds to Close Step 6: Closing Sign Closing Documents

6 6 GeXng in Touch Contact Your Guides Whenever you need anything, we are your points of contact. You can call, text, or fax us using the contact details below: HARRISON GREEN NMLS # STACY MORRIS NMLS # NMLS # SuOon Park Dr S #170 Jacksonville, FL