Be prepared….. having the following documents available will help streamline the application process.
Employment History/Income Source:
- Name, address & phone numbers of all employers for the past two (2) years.
- W2’s for past two (2) years.
- Most recent pay stub from employer.
Self Employment
- Past two (2) years tax returns with all schedules attached.
- Current balance sheet & year to date income statements.
Source Of Funds For Closing
- Name, address & account numbers for all checking, savings and investment accounts.
- Most recent bank statement for all accounts.
- Closing statement on sale of prior home.
- If using gifted funds, gift letter and verification of funds.
Debts/Obligations – Provide account number monthly payments and approximate balance for all of the following type of debts:
- Auto Loans.
- Credit Cards.
- Signature Loans.
- Landlord payments.
- Mortgage Loans.
Miscellaneous Information & Documents
- Initial deposit for credit report & appraisal.
- Copy of earnest money agreement/contract.
- Child Care Letter/explanation.
- Bankruptcy papers and discharge, if applicable.
- Photo ID, SS Cards (FHA only).