Sikorske Mortgage - Frequently Asked Questions

Less Stress
Sikorske Mortgage can help you make buying a home less stressful. If you take the time to gather the information now, and send it to us, We can get you prequalified. Then, when the right home comes along, it will be a simple process to buy it. Remember, to get the BEST RATE we will visit several investors. The more time we have the more it will benefit you.

Did You Know?
The latest studies show that a majority of people today will get some of their retirement funds from the house and property they own. Real Estate is one of the few investments that has shown stability and growth over the years. Your monthly mortgage payment is the largest payment you make each month; so when you retire you will want to have your home paid for. Purchasing a home now will give you that security later in life. Second homes and rental properties also provide a good source for savings and income.

Frequently Asked Questions (continued from previous)

6. Credit Card Statements
Most recent statements for all of your credit card accounts, if any.

7. Debts and Liabilities
For each loan, you will need the name, account number, and address of each creditor including both the monthly payment and total amount due (preferably the last statement). Liabilities include student loans, car loans, credit cards, and other installment debt.

8. Mortgage or Rental History
Evidence of your 12 months of mortgage or rental payments, such as monthly statements or 12 months of cancelled checks (front and back). Copies of any current mortgage agreements (promissory notes and trust deeds) or land contracts. If you rent, you will need the property address, name and address of the landlord, the current monthly rent, and previous address/landlords.

9. Rental Properties
Addresses, mortgage information (lender, account number, balances) and rental agreements for any rental property that you own.

10. Employers
The names, addresses, and phone numbers of your employers for at least the past two years.

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