Mortgage pre-approval-Be Prepared

It’s important to get a pre-APPROVAL not a pre-qualification!

Watch more videos about financing on Whitneys website!

Gather these items and documents together and get a pre-approval before you start looking. It’s a competitive market out there and pre-approval is more important than ever with the NC NC Offer to Purchase and other revised forms.

Checklist of items needed for Loan Pre-Approval &/ Application- All Loans

Copy of Driver’s License(s) and Social Security card(s)
Current pay stubs covering the most recent 30 days
Most recent two months bank and asset statements for all accounts (all pages)
W-2 Forms for the previous two years
Federal Tax returns for the past two years (all pages – pg 2 signed)
If Self-Employed or own 25% or more of a business, Business Tax returns (all pages and schedules) for the past two years plus Year-to-Date Profit and Loss
Most recent 1st and 2nd mortgage statements (refinance only)
Copy of declaration page of home insurance policy (refinance only)V

If a VA loan you will need in addition to above:

Certificate of Eligibility / DD 214 is discharged (Member 4 copy)
Original Statement of Service, if active duty
Current Leave and Earnings Statement (LES)
Copy of orders, if applicable
Name, address, and phone number of nearest living relative
If ‘ETS’ date is within 12 months of closing, evidence service member is eligible to

re-enlist and letter indicating service member intends to re-enlist

Upfront Fees (estimate only, varies with lender)
Loan origination fee 1% of loan amount. This can vary depending on the rate. If a lender waives the fee you will have a higher rate. They make it up one way or another.
Appraisals $475.00
Credit Reports $60.00
(credit will be applied at closing if fees are less than collected)

Triangle Area Real Estate

5.0

Based on 22 reviews

20:52 02 Feb 20

Marianne was our agent when we purchased our home in Chatham County. She is extremely knowledgeable about the Triangle... area, specific neighborhoods and builders. Marianne was very thorough and did an excellent job representing us during the entire process; from finding a house, negotiating the offer, and handling all the closing details. We highly recommended Marianne.read more

14:51 17 Jan 20

Marianne helped us buy a beautiful home in Chapel Hill while we were living in Pennsylvania. She was a pleasure to work... with and accommodated our schedule perfectly during the few times we were able to be in the area. She patiently drove us around for many hours and several days, helping us rule out every possibility. Our final decision was made without a doubt! We felt very confident in Marianne's guidance throughout the entire home buying process. Her thorough knowledge and experience was very evident. She was there for us every step of the way, especially when we could not be there in person.read more

15:49 24 Mar 19

Marianne and Chip were incredibly helpful throughout the new home building process, especially as we were living in... Austin! They were both super pleasant, knowledgeable and responsive! We couldn't have done it without them.read more

14:59 15 Mar 19

Marianne did a fabulous job as our realtor. It was stressful to be relocating to an unfamiliar, new area from out of... town, and Marianne was extremely helpful. She had so much experience and knowledge of the neighborhoods, schools, and services for our special needs child, and she was able to advise us on the best location for our family. Even in the middle of a winter storm she was out looking at houses for us, taking detailed videos so we could see the homes from out of state. She was very responsive and always available to answer our many questions about the area. She was very knowledgeable about the buying process and did a great job of negotiating on our behalf. When we got to Chapel Hill, Marianne gave us several different tours, and even took the time to show our son playgrounds all over town. We are thrilled with the home we bought and couldn’t have done it without her. I highly recommend her!read more

Yanina Costecalde

16:57 24 Jun 18

Marianne Howell Wright is real Estate Agent; she works with her husband, Chip Wright who was in a construction building... contractor. I have been in the area for year and knew quite well the market, and where I wanted my family to be, which I recommend to any new buyer. I contacted Marianne because I liked her videos and she seemed knowledgeable about the area. They both came straight away, which other agents do not do. In general, Marianne recommends new constructions over old houses because she often goes to new development meetings and is well aware of the new construction materials (lighter, better, and more efficient). However, I chose an old house. Being single, Marianne and Chip made sure that I understood what it meant to choose a house that required a lot of work. Once it became clear that I knew what it would take to fix the house, Chip and the inspector built a terrific file and Marianne negotiate and reduced the price significantly, which is rare for the area. I invested this extra money in the house and hired contractors with Chip helps. The house was ready for my family in a month. I would like to add that Chips was not keen to advice for contractors because some clients might be suspicions of his intentions, but if you ask, he would tell you.A house is everyone own choice. You are the only one who knows what your family likes, can afford, and able or not to handle small/big improvement projects. What chip can do is to give you a far opinion on the house condition. What Marianne can do is to build the best file in order to negotiate the best price for the buyer or the seller. I recommend this team because they are professional, reliable, and efficient.read more

01:16 09 Jun 18

Marianne is awesome! She was available to us during the entire process of building our new home, from selecting the lot... through our final walk-through. Building a new home, especially while living out-of-state, can be nerve-wracking. Having Marianne represent us was such a smart decision. She is so knowledgeable about the new build process and construction, and brought things to our attention that we never would have thought about. She truly looked out for our best interests. She was available to us each and every time we needed her. We now have a brand new home that is well-built and gorgeous! We thank Marianne for the huge role she played in making that dream come true for us!read more

Maureen Pulscher

21:38 04 Jun 18

Marianne helped my husband and I find a new home in the Triangle area while we were still living out of state. We made... a few trips to look at properties and Marianne always made the most of the short amount of time we had and helped us cover a lot of ground. She also spent plenty of time on the phone and over email with us educating us on the area and providing fantastic local insights. She is extremely responsive and will track down information for you. She kept us well informed throughout the buying process and helped us learn what to look for as first-time new construction buyers. She also was tremendously helpful in the new construction walk-throughs, pointing out things and asking questions I did not know to ask. I highly recommend Marianne, especially if you are moving to this area from out of state!read more

Marianne proved an invaluable resource in our house hunting endeavors. Her knowledge of the market and the neighborhoods proved to be incredibly helpful, as well, navigating the purchasing process.... read more

emesmer
March 11, 2020
My Wife and I were looking to move to North Carolina from New York. We had no idea who to contact, so we searched the internet, and came across Marianne's... read more

mikejsav100
February 18, 2020
We “found” Marianne Howell Wright online. Her articles and YouTube videos were well done and demonstrated her many years of experience and expertise of the Triangle area. Although... read more

Debbie Bush
January 21, 2020
When we decided to move back to the Triangle, we knew we'd be calling Marianne. We've done three total transactions with her over the past 3 years. Her deep knowledge... read more

Britta Alexander
January 10, 2020
Marianne did a fabulous job as our realtor. It was stressful to be relocating to an unfamiliar, new area from out of town, and Marianne was extremely helpful. She had... read more

jvomsaal
March 15, 2019
Marianne was fantastic, we found her online as she seemed to pop up for every search imaginable for someone looking to relocate to Chapel Hill which spoke to her depth... read more

user6526633
October 22, 2018
Marianne found properties for me to consider that were exactly what I was looking for and provided excellent support throughout the purchasing process. She asked specific questions about the... read more

johnstonc7
August 12, 2018
My husband and I enjoyed watching Marianne’s YouTube videos and wanted to work with her on what we figured would be a simple in-town move. Well, the process turned out... read more

spark007
June 4, 2018
My husband and I had an excellent experience buying our home with Marianne as our Real Estate Agent. She is extremely knowledgeable about real estate in the Triangle Area. She... read more

fanryanyang
April 1, 2018
Marianne and Chip were amazing. We were coming from out of state and met or spoke with various realtors to decide who was best to represent us by truly... read more

tseant77
October 17, 2016

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