5 Important Items All Buyers Must Have
 To Buy a Home 

1. ID (State issued ID or Drivers License) : Although this seems understood there is an amazing amount of mortgage fraud therefore the lender much know you are who you say you are. 


2. 30 Days of Pay Stubs:  A buyers income is a huge part of determing the loan amount 


3. 2 Months of Bank Statements: Lenders require  proof of regular income AND proof that the money is really yours. The down payment is very important to prove that the money is coming directly from the buyer however down payment assistance is avaialble in most cases. 


4. 2 Years of W2's or Tax Returns: Lenders want to see stable, long term income 


5. Divorce Decree: Well, there are states that are considered "community property" states meaning, 1 to buy 2 to sell. If you were to buy a home but still legally married, your legal spouse will automatically own 50% of the property and you cannot sale the property without them.  This law applies in North Carolina

I hope this helpful information will get your ready for your first steps towards home ownership.  

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