How To Package a Buyer File

a buyer file is made up of 3 KEY Parts: Application, Mortgage pre-approval & supporting documentation

Once your MyHouseKeys.com account is setup you will upload your buyer file to your File Cabinet which is accessible from the user menu. View this 2-Page Guide to see an Illustration of the Process.

Note: HouseKeys is providing this standard buyer application packet as a guide. Make sure to check out each program page to see if there are any additional documents that are required for a particular program.

Program application Packet

Part 1: Initial Action Items

Basic Information about HouseKeys, how to apply, and where to send and find info.

Part 2: Household Info

Members, Income Sources, Employment History Assets, Liabilities etc.

part 3: intent to follow the rules (abide)

This is a quick breakdown of the rules involved with an income-restricted home and making sure that you agree to follow the rules. Note: This doesn’t replace your recorded restriction agreement.

mortgage pre-approval

HouseKeys maintains a list of approved loan officers who have gone through a training and who have verified that their legal departments have reviewed the restriction documentation and program requirements. We recommend that you go with a lender on our list. If you choose to go with your own lender, make sure to verify that they understand the program and have reviewed and approved the documentation. If you don’t verify this, you run the risk of not being able to close your purchase transaction.

checklist for supporting documentation

Minimum:

1. HK Application

2. Pre-Approval

3. Latest Tax Return

4. 30 Days of Pay

5. Down Payment Funds

The Home Buyer Checklist breaks down the supporting documentation needed from an applicant in order to determine their eligibility. This is primarily focused on household members, income, and assets. There are also documents required to verify identity, any major family changes (divorce, death, birth), Gift Funds, Child or Marital Support, Property Ownership, and your Homebuyer Education Certificate from a HUD-Approved Counseling Agency.