| 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.
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