Premier Custom Homes LLC Mississippi

How to finance your new home

What do I need to do before construction can start on my new home?

First you need a contract signed by both parties. Next, you should secure loan approval with the lender of your choice. Last you should meet with us to make all of your selections for your new home.

How do I get pre-qualified?

Please contact a mortgage lender of your choice. We can recommend lenders with proven business experience and familiarity with the time requirements of this transaction upon request..

This is perhaps the most important part of the mortgage process. During this process your mortgage representative will ask for information pertaining to your income, assets and liabilities. Once this information has been collected your representative will recommend a loan program that best fits your financial needs. Prior to loan application you will need to determine the amount of down payment you will be making towards your new home and collect some or all of the following documents that should be brought with you when you make loan application:

Most recent paycheck stubs for each borrower covering the most recent thirty-day period.
Most recent two years W-2's and/or 1099's for each borrower.
Two months of the most current and consecutive banks/investment/ retirement statements for all your accounts.
If self-employed you will need to bring in the most recent two years' tax returns and copies of 1040's, W-2's, 1099's and or K-1 for each borrower. You will also need a year-to-date profit and loss statement.