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No matter what state the market is in (Buyers market or Sellers Market), the "Cash is King" mantra applies. However an offer to purchase that is based on financing can be a strong alternative when accompanied by a Pre-Approval Letter from a reputable lender. So before you get too far into your search it would be very wise to become pre-approved by your lender of choice. If you don't have a friend or family member in the mortgage business, I'll be happy to refer you to a mortgage professional that I know and trust.
To help you prepare and expedite the pre-approval process, I have included the standard application used by virtually every lender, a generic Credit Authorization Form (most lenders have their own form), and a list of the documents that they will require to assemble a complete Mortgage Loan Application.
Mortgage Loan Application Docs
Personal Financial Statement Template
The Mortgage Application Process and Timeline
Credit Reports & Credit Repair
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