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In general,
the documentation you will need includes: |
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Check for
application fee |
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Property
Information (if you already have a contract on a house) |
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Purchase
Agreement. |
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Copy of
legal description and MLS sheet. |
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If you are
selling your current home, copy of listing contract. |
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If you have
sold your current home, copy of settlement statement
(HUD-1). |
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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 three months. |
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Estimated
value of personal property and furniture. |
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If you have
made any large deposits to your accounts: |
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If you own
more than 25% 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 current loans. |
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Explanation
of credit report anomalies, including: |
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VA Loans |
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Copy of DD
Form 214, Report of Separation. |
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Miscellaneous |
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Photo ID and
proof of Social Security number. |
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Residence
addresses for the past two years. |
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If
applicable, a copy of your divorce decree. |
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If you are
not a citizen, a copy of the front and back of your green
card. |