Frequently Asked Questions
What documents do I need to gather before my advising appointment?
For advising appointments, the following are needed:
- Income documentation: paystubs from the past 30 days, proof of other income such as pensions, SSI, benefits, or other income.
- Two months of bank statements from all accounts, all pages including blank pages, showing your name and address.
- Two years of your most recent Federal tax returns with all schedules (signed and dated even if filed electronically or copied), along with W2s from both years.
- Optional but recommended: monthly bills such as utilities, trash, phone, insurance, etc.
Why do you need this information?
Your advisor will be helping you formulate a spending and savings plan and helping you find out what mortgage products are available to you. You will have a more accurate picture and timeline if we can get a complete picture of your finances.
Why do you request these documents in advance?
An advising appointment is scheduled for one hour. We have found that customers who assemble their documents ahead of time are able to use the full hour asking questions and getting the advice they want from their advisor. Customers who don’t have all of the documentation ahead of time often use their full hour gathering documents, which doesn’t leave time for the actual advising.
What is the fee for an advising appointment?
Initial appointments for pre-purchase advising are $25. This includes a free individual soft-pull credit report. There is no charge for follow-up appointments, or for appointments for foreclosure prevention or refinance counseling.