What documents do you need to get pre approved?
If you are a wage earner
2 Most recent Pay Stubs, Bank Statements, and W2s
Most recent Tax Returns
If you are self-employed or some part of your income/loss comes from a business you own:
2 Most recent tax returns (Personal and Company)
the 5.1% week-to-week hike in mortgage applications has piggybacked largely on robust growth in the volume of refinancing.
Build equity faster
If you are in a position to make higher monthly payments due to an increase in salary or other good fortune, you may want to switch from a 30-year loan program to a 15- or 20-year loan structure. This enables you to build equity faster and save money on financing fees.