Buying my first property.

[Ray Agosto]

Hello BiggerPockets,

I wanna obtain my first property. I wanna get a mortgage though a "First time buyers" program from Wells Fargo. I wanna know what are some documents i'll need for a mortgage and as well what's a good credit to get a good enough price rang and if needed a renovation loan and pay back as in a normal mortgage. Any suggestions on fixing credit before July or August? Any feedback helps.

[Ashley Burnley]

Hello Ray,

When I purchased my primary residence last year, I also had to provide about 2 months worth of bank statements. Also, they want a paper trail of where your down payment is coming from. You'll have to be creative if you have "mattress money". If someone is gifting you any money that person would also have to show that they actually have the money & that you're not giving it to them to act as if it's a "gift".