FAQs Will using a mortgage broker cost more money? Not at all; we are shopping wholesale, so it is no different from any other retail purchase where your purchased at wholesale so that you could purchase at a fair retail price. Must I have a prequalified before looking at homes? Yes, Realtors and Sellers will expect you to be prequalified before making an appointment. What information will I need to be prequalified? Your loan officer will arrange for you to securely provide your most recent one month of paystubs, your recent tax returns and w-2’s, and two months of bank statements, as well as your photo ID. Can I purchase a home if I have had a bankruptcy or a foreclosure or short-sale? Yes, but the timing and actual circumstances are important. Call and tell us the details and we’ll help you with a game plan. How quickly can I settle on a new home once I have found the perfect one? We ask for thirty days in order to be sure all is in order and will go smoothly. Once I am prequalified, what if I find a home that is more or less expensive than I’d been prequalified for? No worries; your loan officer will update your prequalified application along the way so that you know you can afford a property before you make an offer.