Getting Pre-Approved

Required Documents

1. Previous two year’s W’2’s
2. Most Recent 30 Days Pay-Stubs
3. Previous 2 month’s bank statements for checking and savings account (CD’s, Money Market Fund, Stock)
4. Most Recent 2 Month’s statements for your IRA’s, 401k, thrift savings, etc.
5. Previous 2 years Employment history
6. Copy of Ratified Sales Contract (if applicable)
7. Copy of Earnest Money Deposit for Sales Contract (if applicable)
8. Copy of Driver’s Licenses for borrower & co-borrower

WestStar Mortgage can provide your Realtor a pre-approval letter subsequent to ordering a credit report in the name of all designated borrowers and your personal information through our automated underwriting system. This is much more valuable than a pre-qualification letter which is of limited value since it simply tells you what you might qualify for without taking into consideration your creditworthiness. This will give any offer you extend more influence on the seller’s consideration.