author Terri James: (239) 851-2356

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Very Important Information Regarding Mortgages

Very Important Information Regarding Mortgages

Lending guidelines have changed in recent years. The following is a list of standard requirements for obtaining a mortgage. However, once you are pre-approved, please check with your lender as additional information may be required:

  • Previous year personal tax returns: all pages, all schedules including W-2’s, 1099R and K-1
  • Most current year to date pay stub covering at least 30 days
  • Two months bank and brokerage statements on all accounts including retirement (all pages of all accounts)
  • If on disability, will need proof that it will continue for at least 3 years
  • If self employed, will need two year personal and business tax returns all pages all schedules
  • Copy of all mortgage statements on property that you currently own
  • Copy of tax bills and insurance on all property that you currently own
  • If you own condos, verification of home owner association dues
  • Copy of fully executed sales contract
  • Copy of cancelled earnest money check (once it has cleared your bank)

Terri James

My husband and I made our first trip to Pine Island in November, 1981. We were awed by the natural beauty and unspoiled nature of this quaint island. For the next 16 years, we continued to travel back and forth from Kentucky, only to feel more and more attached to such a peaceful paradise. In 1997, we purchased a condo in Bokeelia. It only took us a couple of years to decide that Pine Island would be our new home. So, like many of you, we purchased the lot that we decided we would build on eventually. Having moved to Pine Island full time in 2000 with our teenage son, we have realized the fulfillment of one of our lifetime dreams! I am very proud to have been listed in the Gulfshore LIfe magazine for 13 years as “Best in Client Satisfaction”. Customer satisfaction is most important to me. Since moving to Pine Island, I have been amazed by the sheer beauty of each sunset and the Eco system that abounds. The island is home to many raptors, including Bald Eagles and Ospreys. It is a haven for amateur and professional photographers alike. If you are looking to own a piece of Florida the way that it used to be, then Pine Island is the place for you!

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