69.2k views
4 votes
What 3 documents are necessary during home buyer prequalification

User RaR
by
7.5k points

1 Answer

5 votes
I know you need income statements, tax returns, and a credit check.  I just went through this.  First, they run your credit with a "soft pull".  Then they request income verification to figure out your debt to income ratio and what you can afford/qualify for.  Then they want to see your tax returns to prove that income, and how long you've had it.  
User DRich
by
8.2k points
Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.