In general, the documentation you will need includes: |
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(Check the boxes of the items you will need) |
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Property Information (for purchase transaction) |
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Purchase Agreement (if you already have a contract on a home). |
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Copy of your earnest money check. |
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If you are selling your current home, copy of listing contract will be helpful. |
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If you have sold your home, copy of the settlement statement or Closing Disclosure. |
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Income & 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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Statements for each bank, mutual fund, and/or investment account for the last two months. |
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If you have made any large deposits to your accounts: |
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If you own 25% or more of a business: |
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If self-employed: |
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If you own rental property: |
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If you are retired: |
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If you receive Social Security: |
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If you are counting child support as income: |
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Debts |
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Names, addresses, account numbers, balances and monthly payments on all new loans or those not reporting on the credit bureau. |
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Explanation of credit report anomalies, including: |
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VA Loans |
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Copy of Certificate of Eligibility (COE) or DD Form 214, Report of Separation. |
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Miscellaneous |
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Copy of a Photo ID such as driver's license or unexpired passport. |
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If you are not a citizen, a copy of the front and back of your Permanent Resident Alien card. |
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Copy of Social Security Card is normally needed for an FHA or government loan. |
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Any additional information you think would be helpful in getting your loan approved. |