Employment
- Employer addresses for two full years
- Pay stubs covering a 30 day period
- W2 forms for the last two years
- Proof of pensions, retirement, disability or Social Security
- Proof of income from rentals, investments, etc.
- Year to date pay stub
- If self-employed:
Two years 1040 Tax Returns
Current year profit and loss statement
Creditors
- Home addresses for two years
- Each creditor’s name, address and type of account
- Account numbers
- Monthly payments and approximate balances
- Explanations for any of the following items which may appear on your credit report:
- Late payments
- Charge-offs
- Collections
- Judgments or Liens
- Amount of child care expenses
- Information on deferred student loans
Banking
- Names and addresses of saving institutions
- Bank statements for all accounts covering 2 months
Miscellaneous
- List of assets in stocks, bonds, land
- Most recent investment or retirement account statement
- Life insurance cash value (documented if used as cash down payment)
- If applicant is selling a home, a copy of sales contracts
- Social Security numbers for all parties
- Veterans—Certificate of Eligibility & DD-214
- Gift fund documentation
- Copy of Estimated HUD1 Settlement Statement if a previous home is for sale, but not yet closed
Additional documentation may be required for loan approval. The documentation requirements differ depending on the lender and your loan program.
