Mike Angus - LeaderOne Financial

Getting pre-approved doesn’t mean drowning in paperwork!

If you’re a first-time homebuyer, here’s what I’ll need:
✔️ 2 most recent W-2s
✔️ Driver’s license
✔️ 2 months of bank statements
✔️ 30 days of pay stubs

If you’ve owned before, there may be a few extras, but it’s still easier than you think! 🙌

Thinking about buying a home? 🏡 Here are the 3 pillars lenders look at during pre-approval:

1️⃣ Credit profile & credit score
2️⃣ Income
3️⃣ Savings for down payment & closing costs

These three factors give us the full picture to help you move confidently toward homeownership. 🙌

Self-employed? Getting a mortgage can feel a little tougher than it is for W-2 wage earners, but that doesn’t mean it’s impossible.

The good news: there are several options available to help self-employed borrowers qualify and achieve their homeownership goals. 🏡🙌

The first call with a potential client isn’t just about filling out an application. I call it a “buyer consultation.” 🏡💬

It’s my chance to really get to know you, understand your goals, and learn what matters most before we even start the paperwork. Because you’re more than just an application! 🙌

One of the reasons I love working in the lending industry 🏡➡️ I get to make the process easier and less stressful for my clients.

Buying a home can feel overwhelming, but when you have someone to guide you, explain each step, and keep things simple, it becomes exciting instead of stressful! 🙌

That’s what I love most: helping people feel confident and comfortable on their journey to homeownership.

🏡 Under contract? Stay ready with updated docs, it keeps closing smooth!

Why is 20% down the magic number on a conventional loan?

Because once you put 20% (or more) down, you can avoid private mortgage insurance (PMI) . Saving you money every single month. 🙌

It’s not always required to put 20% down to buy a home, but if you can, it’s a smart move that keeps more money in your pocket long-term. 🏡

Being a mortgage professional is more than just numbers, it’s about being your consultant and advisor when it comes to one of the biggest financial decisions of your life. 🏡

I pride myself on delivering exceptional customer service and walking with you through every step of the process, from start to finish. You’ll never feel like you’re going through it alone.

That’s the LeaderOne difference! ✅

🚫 What NOT to do after you’re under contract 🚫

Once you’ve been pre-approved, protecting your file is key. Here are two big things to avoid:
1️⃣ Don’t make large purchases that could change your debt-to-income ratio 🛑💳
2️⃣ Don’t be late (30+ days) on any existing debts ⏰

These missteps can put your loan, and your new home at risk.

At LeaderOne, we’ll guide you every step of the way so you can close smoothly and stress-free! 🏡✅

Pre-Qualification ≠ Pre-Approval. 🏡✍️

🔹 Pre-Qualification → A quick overview, often based only on stated information. It gives you an idea, but it’s not verified.
🔹 Pre-Approval → A full review with documents, credit check, and verification — giving you (and sellers) real confidence.

At LeaderOne, we focus on true pre-approvals so you’re shopping with strength, not just a piece of paper!

Permanent vs. Temporary Buydowns - What’s the difference?

Both strategies are back in style and designed to help buyers manage their monthly payments:
🔹 Permanent Buydown → Pay upfront to lower your rate for the life of the loan
🔹 Temporary Buydown → Enjoy reduced payments for the first 1–3 years, then the rate adjusts

At LeaderOne, we’ll help you decide which option best fits your goals and budget, because smart financing means more peace of mind! 🏡✨