Paperwork Needed
To apply for a loan, you will have to provide the lender with detailed documentation of your financial history. The lender will request a credit report from a credit agency and will verify the information provided in your loan application. Be prepared to provide:
- Two Forms of Legible ID: Driver's License/Passport and/or Social Security Cards
- Copies of Checking and Savings accounts for the past two months (all pages - even if blank)
- All other asset account statements including Retirement - past two months or most recent quarterly statement (all pages - even if blank)
- Recent paycheck stubs (most recent 30 days)
- Last 2 years W-2s and/or Personal Federal Income Tax Returns (all schedules)
- If self-employed: provide last two years Business Returns (all schedules)
- Residence history for the past two years - If renting: provide Landlord contact information
- If Refinance: Provide recent Mortgage Statement and Proof of Homeowner's Insurance
- If Purchase: Provide a legible Purchase Contract
- Homeowner's Association Information with contact information if property is a condo or part of a homeowner's association