Remove Closing Remove Debt-to-income ratio Remove HR
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The Ultimate Mortgage Loan Documents Checklist For First-Time Homebuyers

HomeLight

You’ll sign your loan application for the final time at closing. Your tax returns for the past two years will show the lender whether your income fluctuates wildly or is steady. If you’ve recently gotten a new job with a higher salary, have a copy of your offer letter and start date from human resources (HR) to share with your lender.

Loans 105
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Can I Use My 401(k) to Buy a House? Yes, Here’s How

Redfin

For example, you may qualify for a hardship withdrawal to cover your down payment or closing costs. How to borrow from your 401k account to buy a house To borrow from your 401k loan to finance a down payment, youll need to talk to your employers benefits office or HR department, or with your 401k plan provider.

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Looking to Buy in Philly or Pittsburgh? Consider Down Payment Assistance in Pennsylvania!

HomeLight

Potential homebuyers will need to budget for a down payment, closing costs, monthly mortgage payment, and that doesn’t even include the cost of utilities. In addition, you usually pay certain fees to close on the home, called closing costs. Consider your closing costs. This is called your down payment.