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The Latest Interest Rates & Loan Material Checklist

brought to you by Chrissy Neumann

Woodstock

855 Riverstone Lane

Woodstock, Georgia 30188

The adorable rocking chair front porch welcomes you into this 2 story traditional home in Woodstock
True 4 bedroom, 2 and ½ bath in cul-de-sac
Only 2 story home with basement in subdivision
Large family room with cozy fireplace
Beautiful white kitchen with doors to deck
New interior and exterior pain
Brand new carpet
This is a must see
View this property at www.castlesbychrissy.com

****If you know a friend, family member, or coworker who would like their home featured
as the "Tuesday Tour" email the details to chrissy@castlesbychrissy.com****

Tuesday’s Tip

The Latest Interest Rates

1) 5/6 Arm

80/20 (100% Financing)

5 years fixed

4.875%

Interest Only

2) True 5/1 Arm

No PMI

5.50%

Principle and Interest

3) 5/1 Arm (must put down 5%)

4.625%

Principle & Interest

Loan Interview Materials Checklist

The following checklist will facilitate your mortgage loan interview. The checklist includes most of the information that you and any co-borrower will need to supply. However, some lenders have slightly different requirements, so you may want to contact your lender before the interview to ensure you bring the correct types of information.

In preparation for your loan interview, review the information below. We suggest you print this worksheet, then check each box after you've gathered the required data.

	Social Security Number/Date of Birth
	Paycheck Most recent pay stub that shows year-to-date earnings.
	W-2 Tax Forms Original copies sent to you by the Internal Revenue Service for the past two years.
	Employer Information Names, addresses, and telephone numbers of employers for the past two years
	Account Information Account numbers and current balances of checking, savings, and any other accounts.
	Current Assets Individual Retirement Accounts (IRAs), CDs, stocks, bonds, etc.
	Personal Property Value of property that can include life insurance, retirement accounts, cars, etc.
	Liabilities Auto loans, student loans, credit cards, and other installment debt -- provide name and address of each creditor and the monthly payment and total amount due.
	Current and Previous Addresses If you own a home: Bring the property address, current market value, mortgage lender name, account number, current monthly mortgage payment, and outstanding mortgage balance. If you're renting: Bring the property address, name and address of the landlord, current monthly rent, and previous address/landlords if you've lived in your current address for less than two years.
	Agreement to Purchase A signed copy and any amendments, a copy of the listing form for the property, the legal description of the property, and receipts for or down payment deposits.

There may be some special situations that require you to supply additional information. These include:

If you are self-employed or work on a commissioned basis, you should bring your federal tax forms for the past two years and a current year-to-date profit and loss statement.
If you are separated or divorced, you should bring a copy of your divorce decree and separation agreement. Also bring documentation on alimony or child support payments you are required to make or you receive as income. Proof of this income can be the clerk of court's history of payments or canceled checks for the past year.
If you include pension, disability, Social Security, or other public assistance as part of your income, you'll need to bring a copy of an award certificate or a check from the issuing agency.
If you have a bankruptcy, foreclosure, or any judgments against you over the past seven years, you'll need to bring relevant information about the proceedings. Such information includes a copy of the bankruptcy discharge and schedule of both debts and assets. An attorney's letter that discusses the outcome of the proceedings should be included if there are judgments against you.

FOR ADDITIONAL INFORMATION ON THE PROPERTY LISTED ABOVE OR THE TIP PROVIDED
PLEASE FEEL FREE TO EMAIL CHRISSY@CASTLESBYCHRISSY.COM OR CALL ME AT 404.925.5335

Chrissy Neumann
"Making You Feel At Home"
www.CastlesByChrissy.com

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