Give Yourself The Home Buying Edge

Whether you’re making that first move or moving up our Advantage Card^SM preapproval affirms your buying power. Feel comfortable as you home shop, confident when you make an offer, and in control of the home financing process.

• Assures Your Loan And Defines Your Price Range - A written lending pre-approval* valid for 60 days
• Establishes Your Advantage - Let home sellers know you mean business
• Places You Ahead - You've already completed your application and credit review steps.

*Preapproval is for qualified applicants only and is subject to the terms and conditions stated in the Commitment Letter.

Be Prepared

When you are ready to apply, please be prepared to provide the following application and property information:

Application Information (for all applicants)

• Home address(es) for the previous two years
• Your social security number(s)
• Employment information for the previous two years including employer name, address and phone number
• Income information including salary, overtime, bonuses, commissions, dividends, interest, retirement and any other source of ongoing income
• Liquid assets including bank name, account type, balance, and source of down payment
• Other assets including the value of bonds, stocks, life insurance, retirement funds, jewelry, automobiles, etc.
• Liabilities including creditor names and outstanding balances for all debts including notes payable, 401(k) loans, life insurance loans, stock pledges, alimony, child support, co-sign loans, credit union loans, and other liabilities
• Real estate owned including property address, market value, outstanding liens, rental income, mortgage payments, taxes, insurance and maintenance dues

Property Information

• Purchase contract
• Planned Unit Development (PUD), condominium or co-op
• Name of development or project
• Phone number of the homeowner's association (if available)
• New construction:
• Year land or lot was acquired
• Original cost of land/lot
• Amount of liens
• Estimated cost of construction
• Refinance loans:
• Year property was acquired
• Original cost of the home
• Cost of improvements
• Amount of liens
• Description of improvements When you apply for your loan, you'll be asked to pay a fee that can be charged to your Wells Fargo Bank credit card or any other major credit card. This non-refundable fee will be applied toward the cost of the property appraisal and credit report. If you apply in person, you have the option of paying this fee by check.