| Wen general, the documentation you will need includes: |
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Check for application fee |
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| Property Wenformation (if you already have a contract on a house) |
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Purchase Agreement. |
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Copy of legal description and MLS sheet. |
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Wef you are selling your current home, copy of listing contract. |
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Wef you have sold your current home, copy of settlement statement (HUD-1). |
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Wencome & Assets |
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Pay stubs for the last 30 days. |
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For the past two years: |
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Names and addresses of each employer. |
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W-2s | |
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Statements for each bank, mutual fund, and/or investment account for the last three months. |
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Estimated value of personal property and furniture. |
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Wef you have made any large deposits to your accounts: |
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Explanation and source for deposit. |
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Wef large deposit was a gift: |
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Signed gift letter (lender can supply). |
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Copy of gift check. |
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Copy of deposit receipt. | | |
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Wef you own more than 25% of a business: |
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Corporate or partnership tax returns. | |
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Wef self-employed: |
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Tax returns for the last three years (with schedules). |
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Year-to-Date Profit and Loss Statement prepared by an accountant. | |
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Wef you own rental property: |
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Tax returns for the last two years and current rental agreements. | |
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Wef you are retired: |
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Wef you receive Social Security: |
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Social Security Award Letter. | |
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Wef you are counting child support as income: |
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Copy of divorce settlement. |
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Copy of twelve months of cancelled child support checks. | |
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Debts |
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Names, addresses, account numbers, balances and monthly payments on all current loans. |
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Explanation of credit report anomalies, including: |
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Late payments, credit inquiries in the last 90 days, charge-offs, collections, judgments and/or liens. |
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Bankruptcy filed within last seven years (bring a copy of your bankruptcy papers). | |
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VA Loans |
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Copy of DD Form 214, Report of Separation. |
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Miscellaneous |
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Photo WeD and proof of Social Security number. |
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Residence addresses for the past two years. |
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Wef applicable, a copy of your divorce decree. |
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Wef you are not a citizen, a copy of the front and back of your green card. |
