Tips to Ensure Smooth Real Estate Transaction

• Get preapproval letter from your bank before looking at properties to know exactly what you can afford.
• Information needed includes W2s for the past two years, 30 days of consective pay stubs, bank statements for all checking, savings, and investment accounts.
• Keep all loan payments current, do not make any large purchases, do not co-sign for other loans, and do not change employment, unless you talk with lender first.
• Be prepared to pay for closing cost unless you qualify for a no-points, no-closing cost loan.

To ensure the prosess goes smoothly, call The Betty Ellerbroek Team RE/MAX Lake of the Ozarks.