got this tidbit from downtown loft la..
The day of the pre-qualification is over. It's now PRE-APPROVAL or nothing.
30 days worth of paystubs
2 yrs W-2s
2 yrs full tax returns and corporate returns for self-employed borrowers (all schedules and all pages if applicable)
2 months bank stmts for all accounts holding money for down payment, closing costs, and reserves (all pages for every statement)
this is so true....
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