What are the documents/ info I'm going to need to prepare to buy?

last 2 years Federal tax returns & w2's, most recent 2 monthly asset statements, (checking, savings, 401K's etc..), most recent 5 weeks pay stubs. As far as getting prepared.. you should contact a LOCAL mortgage broker and apply with them. Do not use the local "Big" bank, or one of those 50 states internet lenders or nationwide lenders...By applying with your LOCAL Broker, you have an advantage because he's familiar with local customs and works with numerous lenders, seeking out the best loan terms for your particular scenario. Because he has lower overhead, he can offer you lower rates and lower fees than most of the larger lenders.. I'm a Broker here in Scottsdale AZ and I only lend in Arizona. If you or someone you know is looking for financing options, feel free to contact me or pass along my information. 480-287-5714 WilliamAcres.com

For most borrowers it is roughly 2 + 2 + 2: two months bank statements; 2 years w-2's (and sometimes tax returns); at least 2 pay check stubs (or enough to cover 30 days of income) as long as they show your YTD income. - plus copy drivers license and routine other documentation that shouldn't be hard to pull together. Depending on the details of your income and assets additional info will be needed Good luck!

I agree, income documentation, asset documentation, identification, letters of explanation for anything that may be unique to you or your situation. As well as if you have any large deposits into your bank accounts then you'll need to gather all of the documentation that you can concerning that. That is unless you have multiple properties then you'll need add'l paperwork. That's pretty much all that's needed from you initially. Obviously there may be extra paperwork depending on your situation but it'd be too difficult to try and name every difference and all of the paperwork you'd need (ie bankruptcy, divorce or settlement documentation). If I can answer any other questions, I'd be happy to help. Best wishes otherwise, Kim Lawson, Ohio Licensed Mortgage Loan Originator. Contact and licensing information can be found on my profile.

Feel free to call me at 440-953-0447 #15 to be pre-approved. Thank YouMike Zuren

You'd still need two paystubs.. (:

If you get paid once per month, the lender will probably require 2 pay stubs.. I'm a Broker here in Scottsdale AZ and I only lend in Arizona. If you or someone you know is looking for financing options, feel free to contact me or pass along my information. 480-287-5714 WilliamAcres.com

1 vs. 2 paychecks will depend partly on the type of job and income, exactly what other info the paystub includes, and what lender you work with - some have more requirements than others.

Greyson, It sounds like you have done things correctly. I would suggest you contact a couple of local lenders and start conversations to determine who your believe can best work with you. I would advise you to shop, compare and save. Also, if your income qualifies, I would suggest you use the OHFA MCC program. More Information can be found here. http://getamortgagenow.com/PageContent.aspx?PageID=53

2+2+2, as others have said. Glad we all could be of help to you.