Summer Moving Season Is Here
Summer is the most popular time to buy a home. The weather’s good, the kids are out of school, and work has slowed down enough to deal with the logistics of purchasing a home and orchestrating a move. But just because it’s easier, doesn’t mean it’s exactly easy. Essential Federal Credit Union knows this and wants to make the home buying process as smooth as possible. Secure a mortgage in Baton Rouge this summer – it shouldn’t be a painful process and Essential FCU will make sure it’s not.
Secure A Mortgage In Baton Rouge With Essential Federal Credit Union
The first thing you’ll want to make sure you have in order when applying for a mortgage in Baton Rouge is a completed loan application. You’ll also need a Borrower’s Certification & Authorization, Credit Bureau Fee Debit Authorization, Mortgage Appraisal Debit Authorization and Rate Lock Agreement, Disclosure Statement, and 4506T (signed and dated by all parties). If all of this sounds a little overwhelming, don’t worry, our loan officers will help you navigate the process.
Navigating The Requirements For A Loan
In addition to your mortgage application, your loan officer will need other pieces of information. To help you secure your mortgage in Baton Rouge, you should prepare the following:
- 2 years employment history
- 2 years housing history
- Type of property & type of financing terms
- 2 most recent pay stubs (dated within 30 days of application)
- Last 2 years W-2 forms and 2 most recent bank statements for all assets
- Most recent retirement/401K statements
- Copy of the purchase contract with all addendums and a copy of the earnest money deposit check
- Copy of current wood destroying insect report or contract
Once you have this secured, then you’re ready to start the process of purchasing your home.
Let Essential Federal Credit Union Help You Today!
Working with Essential Federal Credit Union to secure your mortgage in Baton Rouge will ensure that you are secure as you take on one of the biggest financial commitments of your life. Our loan officers will help you along your journey and bring the best service and most up-to-date information. If you’re ready to start the home loan process, give us a call at (225) 353-8238 or send us an email today.