1st Choice Home Centers Blog - Lessley Dooley, Editor

DO’S
• Do continue employment at current job.
• Do bring in copy of pay stub every pay period.
• Do comply with lenders requests promptly.
• Do keep financial obligations current.
• Do inform lender of any changes.
• Do try to pay down credit cards to 25%

DON’TS
• Do Not pull credit during underwriters review.
• Do Not change employment without informing rep.
• Do Not co-sign for anyone.
• Do Not make any new purchases on credit, or open any new financial obligations.

Lenders Standard Conditions
• Drivers License/Picture ID
• Social Security Card/Tax Identification Card
• 30 days of Pay Stub/Proof of all income/S.S. Awards letter/Child support etc…
• Property Address/Land Contract/Deed/Park Agreement
• Full credit application/5% legal documents/ 3.5% Down Payment or qualified percentage of loan
• 2 years tax returns
• 2 months bank statements with absolutely No over draft fees
• Lender will request other conditions & give you a “Needs List”