Purchase Checklist
Buyer’s Check List
Congratulations on your contract for your new home. In order to get you in the door we need to do a few things to help you buy the property. Below is a list of items needed to help you quickly and efficiently move into your new home:
Ø First, we need you to complete a detailed mortgage application. You can do so online at http://www.cmicloan.com/applyNow.html and use our secure server to fill out an application or download an application from the same page and fax it back to us at (703) 522-2264. If you do not have internet access please call us directly so that we can take your application over the phone. If we already took your application please ignore this.
Ø We will need to verify your information on the application so please include the follow via fax or mail:
o Most recent pay stubs covering the last 30-days for all jobs you might hold
o 2007/2008 W-2’s (tax returns if self employed, commissioned or bonus income)
o Two months bank/brokerage/retirement statements as sent to you by the institution to include ALL PAGES OF EACH. We cannot accept summary pages or partial internet print offs. If it is a quarterly statement please include the most recent report.
o Any additional information on other properties you might own including leases for rental properties. (Your tax returns are then required if you have rental properties.)
o Contact at your job to verify your employment with best number to reach them
o Copy of your driver’s license
o Signed and returned application and disclosures (sent to you by us) – please make pen and ink changes to applications that need to be updated. Your changes to the application will serve as the originals and are allowed by our investors.
Ø With these items we will be able to issue you a full credit approval. Recent changes instituted by all lenders now require a credit or debit card directly to an appraisal management company for about $475.00 for your appraisal deposit (the appraisal is transferable if you elect to go with another lender or will be credited at closing).
Congratulations again. You’ll be in your new home before you know it. If you have any questions please click here.
