Advice 1st Time Homebuyers

Congratulations on your decision to pay for your own mortgage instead of your landlords. I would not expect any huge problems. The loan process is not easy for most people these days. Collect your rent payment documentation such as cancelled checks (front and back) images used to pay the monthly rent. You might also ask the utility company to provide you with a "Good standing" account letter. If necessary, be prepared to show alternative forms of credit such as cable, telephone and water bills. With these and what you currently have in place, you should be well on your way into that new home. Good job being budget conscience and choosing to stay within your means. Good Luck and Good hunting!

People are always apprehensive about applying for a mortgage and there is no reason to be. While it's understandable to want feedback on your situation, you must realize that mortgage approval is complex and depends on many factors. The only way you will know for sure is to just apply. The application process itself however, is quick and easy. I'm in California and licensed in California; click my profile to get started.

We are a high volume FHA/HUD approved direct lender and bank with flexibility on our own in house FHA underwriting. We will get a rental history form out to your landlord and all should be fine. You should complete my online application and fax over 1 month's pay stubs, w2/s 2009/2010, and bank statements to show the down payment. I can pre-approve and send a pre-approval notice to your realtor.