You might have an idea of the loan payment and mortgage you can afford. But will the bank feel otherwise? It's always best to pre-qualify for a mortgage so you know exactly how much a financial institution would be willing to lend.

You will most likely need.
Two most recent pay stubs.
W-2 forms for the past two years.
Federal tax returns for the past two years.
Last two months bank statements.
Long-term debt information such as credit cards,
auto loans, etc.

Pre-Approved - Confirmation the lender will give you a commitment.
Makes you more attractive to the seller.
Verses
Pre-Qualified - An estimate of what you can afford.

Mortgage - Fixed or Adjustable


Thanks In advance For Your Confidence In
The Z Team