Friday, May 12, 2017

Explaining the Minimum Requirements of Getting Pre-Approved

To get pre-approved, you need—at a minimum—the four twos. Let me explain what I mean.

Last week, our team had a free seminar for first-time homebuyers. We were there to educate buyers on the home buying process, and it was a huge success. One of the main questions of those in attendance was “What are the minimum requirements to get pre-approved?”

Getting pre-approved starts with the four twos.

The answer starts with the four twos. You need two check stubs, two monthly bank statements, two years of employment, and two years of income taxes. 

If you’re thinking about buying, selling, or investing in real estate, don’t hesitate to reach out to us. We’d be happy to help you.

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