Office Phone: 310.836.8321 ext. 624    Cellular Phone: 310.927.3160   FAX: 310.839.6657   Email: Sara@Lozito.com
About Me Home Finder Property Listings Seller Information Mortgage Q & A - Conventional - FHA Calculators Dictionary Los Angeles Cities Contact Me Home Conventional Loans: What are the maximum loan limits? There are none. How much is the down payment? Typically it is at least 5% of the purchase price but there are many different programs, some as low as 0% down. Aside from the down payment, do I need more money saved up? Yes, standardly you need 2-3 months of reserve cash in the bank. What documents do I need when qualifying? -past 2 years W2's -past 2 years tax returns (if self employed) -most recent paystub (if on salary) -3 months bank statements -copy of retirement accounts -documentation of any other assets (stock certificates, savings bonds, etc) -bankrupty papers, divorce papers (if applicable) -mortgage payment history (current loans) Who can I contact to find out what is the right program for me? Jerry Shapriro, President of Nationwide Mortgage 310-559-7638
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