Michael Bazavilvazo - Loan Officer NMLS#1818083 at C&S California Capital

After looking through your finances, a lender will provide you with “pre-approval,” which verifies how much you’d be able to borrow for a mortgage and at what interest rate. You can use this to show home sellers that you’d be able to obtain financing to back up an offer.

The home search process can take months of searching to find a property that you like and can afford. Once you’ve gotten an accepted offer, the closing process begins. And this closing process can range from 30-60 days. Typically 30-45 days, but may be faster or slower depending on your circumstances.

No. Many homebuyers do not put down 20% on their purchase. The minimum on Conventional financing can be as little as 3-5% down. And FHA loans require a minimum of 3.5% down. However, when you put less than 20% down, you may have to pay private mortgage insurance or a mortgage insurance premium, which is an additional monthly fee.

Basic documents requested on every borrower: - credit authorization - driver's license & social security card - 1 month of most recent paystubs - last two years W-2's - last two years federal tax returns - investment or retirement statements If you already own a property: - Current Mortgage Information - Current Homeowner’s Insurance - Property Tax Statements - HOA Documentation If you rent: - Landlord’s name, address and phone number If you have been divorced: - Divorce Decree - Alimony Documentation - Child Support Documentation If you have filed bankruptcy: - Bankruptcy Filing and Discharge - Letter of Explanation If you have large deposits into your bank accounts: - Letter of Explanation - Documentation (copies of checks) If you own a business: - Profit and Loss Statement - Business License if applicable - Last 2 years of corporate tax returns If you are a veteran: - Certificate of Eligibility - DD214 (Discharge Papers)

Yes! You can schedule an appointment.