TIPS TO BE PREPARED
When it comes to taking out a mortgage with a mortgage broker, you are going to need to be prepared. This means you will need to produce many documents, beginning with tax returns from at least two years before. Lenders will also want to see monthly bank statements, as well as proof of your income and all debts you may have. It’s also a good idea to have sources for any big ongoing deposits you may have. If you have family making a down payment for you, it is important to have a written “gift letter” to document such information for your
21
Powered by FlippingBook