In general, the documentation you will need includes: |
|
Uniform Residential Loan Application |
|
Property Information (if you already have a contract on a house) |
|
Purchase Agreement |
|
Copy of Good Faith Deposit |
|
If you are selling your current home, copy of listing contract |
|
If you have sold your current home, copy of settlement statement (HUD-1) |
|
Income & Assets |
|
Pay stubs for the last 30 days |
|
For the past two years: |
|
|
|
Statements for bank, mutual fund, and/or investment accounts for the last two months |
|
Estimated value of personal property and furniture |
|
If you have made any large deposits to your accounts: |
|
|
|
If you own more than 25% of a business: |
|
|
|
If self-employed: |
|
|
|
If you own rental property: |
|
|
|
If you are retired: |
|
|
|
If you receive Social Security: |
|
|
|
If you are counting child support as income: |
|
|
|
Debts |
|
Names, addresses, account numbers, balances and monthly payments on all current loans |
|
Explanation of credit report anomalies, including: |
|
|
|
VA Loans |
|
Copy of DD Form 214, Report of Separation |
|
Miscellaneous |
|
Photo ID |
|
Residence addresses for the past two years |
|
If applicable, a copy of your divorce decree |
|
If you are not a citizen, a copy of the front and back of your green card |