Green Bay Mortgage Success Story: Timothy
Hartford Financial assists individuals and families purchase homes. We can close Green Bay home purchases in as little as 21 days. Occasionally it takes a little more time to prepare individuals to position themselves to buy a home.
I started to speak with Timothy about a Green Bay home purchase about two months ago. We reviewed his credit, income, and organized his documents.
Timothy’s credit did not meet our minimum guidelines. We met at his place of residence and developed a plan to acquire documents to correct his credit score. Timothy had several collections he paid off but they were still reporting unpaid. Timothy also had a debt reporting that was not his. In about 3 weeks we produced all the necessary documents to send to credit reporting agencies. One month later we were able to use an accurate credit report to qualify Timothy for his Green Bay home loan.
During our first meeting I gave Timothy a list of documents that I knew my underwriter would need to have a complete picture of Timothy’s financial history.
The documents I needed were:
30 days paystubs
Last two years w2s
Last two years tax returns
Copies of cancelled checks for rent (front and back) – last 12 months
Three months bank statements – I wanted to make sure down payment was sourced and seasoned.
Copy of his ID and SSI card
Contact information for employer
Contact information for his apartment leasing company
We compiled all of these documents before we possessed updated credit report. The preapproval process was a piece of cake.
Hartford Financial prides itself on speed but sometimes it takes a little longer but it is well worth the effort. Timothy was in his home in less than a few months. Hartford Financial and Timothy were able to overcome credit issues – nobody else wanted to deal with. Timothy has a great home and a great Green Bay FHA mortgage.
If you are looking to acquire financing for a Green Bay home loan purchase or looking for a great rate on a Green Bay refinance please call Frank Pabon at 920-623-9242.
You may now be eligible for a Green Bay interest rate reduction. Hartford Financial may not require income documents or appraisal report to modify your existing Green Bay mortgage to a lower rate and reduce your monthly payment! We recommend that you call to see if you qualify for the program.