At Built Green we want to make your home buying experience as smooth and stress free as possible. To help simplify the process we have teamed with valued lenders who will walk you through every step of the financing process.
Your selected lender will take the time to understand your unique needs and match you with the loan program that works best for you. Like us they are committed to providing you a home buying experience that exceeds your expectations and helps you purchase the home of your dreams.
Before starting you should be prepared to answer the following questions:
- Personal Data - Full names addresses and Social Security numbers of all borrowers
- Income - The amount and source(s) of income for all borrowers
- Assets - Information on all assets such as checking and savings accounts, stocks, bonds and retirement plans and other real estate owned
- Debts and Obligations - Information on all outstanding debts and any other financial obligations
- Credit references - Information concerning loans or debts that have been paid plus any other references to good credit use
- Property information - Specifics on the property you wish to buy and or build
After you complete a pre-qualification application you will most likely be required to send supporting documents (such as account statements and paycheck stubs) to your lender. Your credit report and other financial information will be reviewed in order to make an underwriting decision regarding the degree of risk involved in lending you money.
Most loan decisions are performed by an automated underwriting system designed to provide faster results often with reduced documentation.