Financing Your Home

Capstone Realty’s mortgage partner is Platinum Mortgage in Huntsville. Platinum Mortgage can help you determine how much mortgage you can afford, will assist you with the process of pre-qualifying for a loan, and then help you apply for the loan once you have found a house. For more information about financing your home, call Jonathan Smith at 256-797-7207 or click here to visit www.calljonathanfirst.com.

Federal Tax Credit

First-time homebuyers may benefit from an up to $8,000 tax credit. This credit will only be available for buyers purchasing their homes before the end of 2009. For more information about this federal tax credit, visit the Federal Housing Tax Credit website.

How Much Mortgage Can You Afford? How Much Will My Payments Be?

These and many other questions can be answered by using Platinum Mortgage's calculators and tools.

What You Need for a Mortgage*:

W-2 Forms – or business tax return forms if you’re self-employed – for the last two or three years for every person signing the loan.
Copies of at least one pay stub for each person signing the loan.
Account numbers of all your credit cards and the amounts for any outstanding balances.
Copies of two to four months of bank or credit union statements for both checking and savings accounts.
Lender, loan number, and amount owed on other installment loans, such as student loans and car loans.
Addresses where you have lived for the last five to seven years, with names of landlords if appropriate.
Copies of brokerage account statements for two to four months, as well as a list of any other major assets of value, such as a boat, RV, or stocks or bonds not held in a brokerage account.
Copies of your most recent 401(k) or other retirement account statement.
Documentation to verify additional income, such as child support or a pension.
Copies of personal tax forms for the last two to three years.

RESOURCES

http://choosecapstone.com/

Finding A Home

Financing Your Home