mollyMarieMaguire

Top 10 Things to Tell Your Lender Before Buying Your First Home Employment History: Share your job stability and income details. Income Sources: Disclose all sources of income, including bonuses and freelance work. Debts: List all current debts like student loans, car loans, and credit cards. Credit History: Be transparent about your credit score and any past issues. Savings: Inform about savings and assets available for down payment and closing costs. Gift Funds: If receiving financial gifts, let your lender know and provide documentation. Monthly Expenses: Detail regular expenses such as rent, utilities, and other recurring costs. Property Preferences: Communicate your ideal home features and location preferences. Future Plans: Share any plans that might affect your finances, like further education or family growth. Concerns: Discuss any worries or questions about the mortgage process. Transparency with your lender ensures a smoother, faster approval process. Ready to start? Let’s chat! 💬🔑 #FirstTimeHomeBuyer #MortgageTips #ExpertAdvice