Getting your loan approved requires your help. Here is a checklist of items and information needed for your loan approval.
THE BASICS:
- Photo ID & proof of Social Security number
- Pay stubs for the last 30 days
- Last 3 months Bank Statements (all pages) for each bank and/or investment account
- Last 2 Years W-2’s & Federal Tax Returns (all schedules)
- Homeowners Insurance Information: Company, Agent Name, Phone #
FOR THE PAST 2 YEARS:
- Previous employer phone numbers/addresses/employed dates
- Residence address history
- Contact Information for Past & Present Landlords
IF APPLICABLE:
(If Retired)
- Award letters verifying pension, and/or annuity income
(If You Receive Social Security)
- Social Security Award Letter
(If You Are Self-Employed)
- Last two years corporate or partnership tax returns and applicable W2’s & K1’s
- Year-to-date Profit and Loss statements and Balance Sheets
(If You Own Other Properties)
- Current rental agreements
- Current homeowner’s insurance including agent’s name and phone number
- Most recent real estate tax bill
(For Recent Graduates – in last two years)
- Copies of transcripts or diploma showing the date of graduation
(If Divorced or Legally Separated)
- Complete copy of divorce decree and associated amendments
- Proof of alimony or child support payments paid or received in past 12 mos.
(VA Loans)
- DD-214 (or Statement of Service if active duty military)
(If Bankruptcy Filed Within Last 7 Years)
- Complete bankruptcy papers, including filings, discharge papers and list ofcreditors
(If Refinancing)
- Most recent mortgage statement for all current, open mortgages
- Copy of NOTE, HUD and DEED for all current, open mortgages
(If You Have Made Any Large Deposits To Your Accounts)
- Explanation and source for deposit
(If Large Deposit Was A Gift)
- Signed gift letter
- Copy of gift check
- Copy of deposit receipt
(If You Are Not A US Citizen)
- Copy of the front and back of your green card
BK# 0902429