It is likely that in order to complete your Gold Beach home purchase you'll need some kind of financing. But what do you need to complete the home purchase? Consider the following:
Before Talking to a Mortgage Lender
Pull a copy of your credit report and examine it. You are entitled to a free annual credit report from each of the three credit reporting agencies. If you find a mistake, contact the creditor to get it fixed. Note delinquencies. If you have too many late payments, your FICO score will be adversely affected.
To begin processing your loan, a lender will verify your employment through a verification of employment form. Give your employer a heads-up to expect to receive that form. Ask your human resources department to send it back right away. In addition, the lender will want the following paperwork from you:
Documentation Needed to Buy a Home
- Current Pay Stubs
- W2's
- Federal Tax Returns
- Bank Statements
- Asset Statements
- Copy of Current Driver's License
Ask About Upfront Costs.
Many lenders will request a credit report fee, but some do not. Generally, appraisal and credit report fees are paid in advance when you are ready to accept the loan. Do not pay any fees to a lender until you have elected to use that lender.
Rogue Sportsman's Realty has excellent relationships with local lending institutions. Just ask us for a referral! We'll point you in the right direction.
Chetco Federal Credit Union
29620 Ellensburg Ave
Gold Beach, OR 97444
541-247-7081
website
Sterling Savings Bank
29804 Ellensburg Ave
PO Box 458
Gold Beach, OR 97444
541-247-0478
website
Washington Mutual
29555 Ellensburg Ave
Gold Beach, OR 97444
541-247-6696
website
